You recently had a surgery. Your total bill for the surgery, which was your only healthcare expense for the year, came to $12,890. Your health insurance plan has a $500 annual deductible and an 80/20 coinsurance provision (meaning you will only pay 20% of the costs). Your coinsurance cap is $2,000. a) How much of the bill will you pay? b) How much of the bill will be paid by your insurance?