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Becky's comprehensive major medical health insurance plan at work has a deductible of $ 7 1 0 . The policy pays 8 0 percent of
Becky's comprehensive major medical health insurance plan at work has a deductible of $ The policy pays percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a fiveday hospital stay, totaled $ A friend told her that she would have paid less if she had a policy with a stoploss feature that capped her outofpocket expenses at $
a Calculate the total amount Becky would pay under the current policy. Do not round intermediate calculations. Round your answers to decimal places.
tableBeckys coinsurance costDeductibleTotal personal cost
b Would a $ stoploss provision on her current policy have reduced Becky's cost for this illness?
Yes
No
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