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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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