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Maria has a health insurance policy with the following provisions: $1,000 deductible, $150 co-pay for hospital stay, and a 80/20 coinsurance provision. If Maria is
Maria has a health insurance policy with the following provisions: $1,000 deductible, $150 co-pay for hospital stay, and a 80/20 coinsurance provision. If Maria is hospitalized with an illness which cost $12,000, how much will her out of pocket expenses be?
a. | $10,850 | |
b. | $11.000 | |
c. | $2,170 | |
d. | $12,000 |
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