Given the following information, how much will Carl and Jean's health insurance pay over the three-year period? Carl and Jean have a 19% coinsurance policy which means they pay 19% and the insurance pays 81%. Suppose that their son George has a disease that lasts three years. In the first two years the medical costs for George are $14,617 per year. In the third year his expenses were $1,695. The rest of the family had total medical expenses of $1,489 per year, all included in their policy except for only $276 that was not covered by their policy.

$28,447.2

$28,809.03

$30,815.15

$28,424.84