Suppose a person has a health insurance policy with a 500, Ask an Expert

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Suppose a person has a health insurance policy with a $500 calendar year deductible, a $2,000 out-of-pocket cap, and an 80% coinsurance provision. If this person suffers a $800 covered loss, how much will the insurance company pay? (Assume no previous losses have occurred.)

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Financial Management, Finance

Category:- Financial Management
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