Mark Meweird has a comprehensive medical insurance policy with a $1750 annual deductible, an 70/30 coinsurance clause. Mark's annual insurance premium is $785. Maximum annual out of pocket cost per year = $8,550 Does Mark's maximum annual out of pocket cost include the cost of premiums? Cumulative out of pocket (based on insurance) Medical Procedure Deductible Co-insurance Out of pocket (based on insurance) January 10 -- Accidental knife wound while peeling an onion which required stitches. Cost: $350 March 15 -- Broken arm with X-rays. Cost: $3550 June 23 -- Cold leading to strep throat. Cost: $145 September 9 -- Elective plastic surgery to give Mark something other than a Jimmy Durante nose. Cost: $4,350 November 14 -- Heart attack after being mistaken for Tom Cruise required hospitalization and surgery. Cost: $35,000 December 24 --Severe gastritis after eating fried oysters and drinking festive assorted punches at Dr. Weagley's, home on Christmas eve which required a pumping of the stomach. Cost: $1650 TOTAL -----> Mark Meweird has a comprehensive medical insurance policy with a $1750 annual deductible, an 70/30 coinsurance clause. Mark's annual insurance premium is $785. Maximum annual out of pocket cost per year = $8,550 Does Mark's maximum annual out of pocket cost include the cost of premiums? Cumulative out of pocket (based on insurance) Medical Procedure Deductible Co-insurance Out of pocket (based on insurance) January 10 -- Accidental knife wound while peeling an onion which required stitches. Cost: $350 March 15 -- Broken arm with X-rays. Cost: $3550 June 23 -- Cold leading to strep throat. Cost: $145 September 9 -- Elective plastic surgery to give Mark something other than a Jimmy Durante nose. Cost: $4,350 November 14 -- Heart attack after being mistaken for Tom Cruise required hospitalization and surgery. Cost: $35,000 December 24 --Severe gastritis after eating fried oysters and drinking festive assorted punches at Dr. Weagley's, home on Christmas eve which required a pumping of the stomach. Cost: $1650 TOTAL ----->