Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your classmate recently had his gallbladder removed. His total bill for this surgery, which was his only healthcare expense for the year, came to $

Your classmate recently had his gallbladder removed. His total bill for this surgery, which was his only healthcare expense for the year, came to $13,820. His health insurance plan has a $400 annual deductible and an 80/20 coinsurance provision. The cap on his coinsurance share is $1,920. How much of the bill will your classmate pay?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

School Finance Elections

Authors: Don E. Lifto, Bradford J. Senden, Daniel A. Domenech

2nd Edition

1607091488, 978-1607091486

More Books

Students also viewed these Finance questions

Question

fscanf retums a special value EOF that stands for...

Answered: 1 week ago