Your friend has a $120,000 medical bill. Their insurance has a $2,000 deductible, 20% coinsurance, a $12,000 out of pocket maximum, and a term limit of $80,000. How much of the bill does he have to pay? 

*hint: remember, the patient is responsible for deductible plus coinsurance up to the out of pocket max. Then the insurance pay on the remaining bill up to the term limit. Anything left over is the patient's responsibility.