Petes health insurance policy specifies that he should pay 30% of expenses associated with a long term

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Pete’s health insurance policy specifies that he should pay 30% of expenses associated with a long term illness, and he has a stop loss provision of $ 35,000 in his policy. If Pete incurs expenses of $ 70,000, how much would he owe?

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:42 AM

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Petes health insurance policy specifies that he should pay 30% of expenses associated with a long term

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Pete would owe 21000 Longterm he...View the full answer

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