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Ozzy has a group medical policy with a $500 annual deductible and an 80/20 coinsurance provision, with a $2,000 out-of-pocket limit on covered losses. Ozzy

Ozzy has a group medical policy with a $500 annual deductible and an 80/20 coinsurance provision, with a $2,000 out-of-pocket limit on covered losses. Ozzy breaks his arm and has surgery that costs $12,000. How much will he have to pay for the surgery?

$2,000.

$2,300.

$2,500.

$2,800.

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Question

Ozzy has a group medical policy with a $500 annual deductible and an 80/20 coinsurance provision, with a $2,000 out-of-pocket limit on covered losses. Ozzy

Ozzy has a group medical policy with a $500 annual deductible and an 80/20 coinsurance provision, with a $2,000 out-of-pocket limit on covered losses. Ozzy breaks his arm and has surgery that costs $12,000. How much will he have to pay for the surgery? $2,000. $2,300. $2,500. $2,800.

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Ozzy has a group medical policy with a $500 annual deductible and an 80/20 coinsurance provision, with a $2,000 out-of-pocket limit on covered losses. Ozzy breaks his arm and has surgery that costs $12,000. How much will he have to pay for the surgery?

$2,000.

$2,300.

$2,500.

$2,800.