Joanne has a health insurance plan with a $1000 calendar-year deductible, 80% coinsurance, and a 55,000 out-of-pocket cap Joanne incurs $1,000 in covered medical expenses in March, $3,000 in covered expenses in July, and $30,000 in covered expenses in December. How much does Joanne's plan pay for her July losses? (Careful: The facts on this Concept Check are the same as in the previous one, but the question asked is different) Joanne has a health insurance plan with a $1000 calendar year deductible, 80% coinsurance, and a $5,000 out-of-pocket cap. Joanne incurs $1,000 in covered medical expenses in March, $3,000 in covered expenses in July, and $30,000 in covered expenses in December How much does Joanne's plan pay for her December losses? Which of the following statements regarding disability insurance is true? O A Short-term disability plans usually pay benefits for up to 5 years All else equal, a disability plan using the "own occupation" definition of disability will be more expensive than a plan using the "any occupation for which reasonably suited" definition O C All else equal, a longer elimination period will increase the premium for a disability plan O D Most disability plans are designed to fully replace an insured's pre-disability income