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Ed has a major medical contract that contains a $100 calendar-year deductible. Prior to October of last year, Ed incurred $75 of covered medical expenses.
Ed has a major medical contract that contains a $100 calendar-year deductible. Prior to October of last year, Ed incurred $75 of covered medical expenses. In the last three months of the year, $90 of additional covered medical expenses were incurred. If the contract contains a carryover provision, how much of the covered expenses for last year can be applied toward the deductible for this year? Question 14 options: A) $25 B) $90 C) $0 D) $75
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