2. A medical insurance policy that specifies a $3,500 per illness basis deductible, an 90% co-insurance...

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2. A medical insurance policy that specifies a $3,500 per illness basis deductible, an 90% co-insurance clause, internal limits of $500 per day on hospital room and board, and $8,000 as the maximum payable surgical fee. If John was hospitalized twice this year and incurred the following spendings. How much compensation can he get from the insurance? Room charge per day 500 (3 days) Surgical expenses 1st Covered charges 1,000 800 2nd 800 (4 days) 10,000 2,000 2. A medical insurance policy that specifies a $3,500 per illness basis deductible, an 90% co-insurance clause, internal limits of $500 per day on hospital room and board, and $8,000 as the maximum payable surgical fee. If John was hospitalized twice this year and incurred the following spendings. How much compensation can he get from the insurance? Room charge per day 500 (3 days) Surgical expenses 1st Covered charges 1,000 800 2nd 800 (4 days) 10,000 2,000

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