Question
Paul's car slid off the icy road, causing $ 2000 in damage to his car. He was also treated for minor injuries, costing $1200. His
Paul's car slid off the icy road, causing $ 2000 in damage to his car. He was also treated for minor injuries, costing $1200. His car insurance has a $ 350 deductible, after which the full loss is paid. His health insurance has a $250 deductible and covers 80% of medical cost. What were Paul's out-of-pocket costs from the incident?
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Get StartedRecommended Textbook for
Public Finance and Public Policy
Authors: Jonathan Gruber
4th edition
1429278455, 978-1429278454
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