Question
Your client, George, has a major medical policy with an 80% coinsurance provision, a $5,000 maximum out of pocket (MOOP), and a $1,000 deductible. George
Your client, George, has a major medical policy with an 80% coinsurance provision, a $5,000 maximum out of pocket (MOOP), and a $1,000 deductible. George recently had a $1,500 medical expense.
calculate, how much must George pay?
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
15th Edition
978-0357438480, 0357438485
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