Breno has a group extended health coverage plan with a $3,500 annual coverage limit, a $500...

 

Transcribed Image Text:

Breno has a group extended health coverage plan with a $3,500 annual coverage limit, a $500 deductible, and a 70% co-insurance factor. Breno incurs $2,000 of eligible medical expenses in the current year. Which of the following CORRECTLY describes Breno's benefits under his group extended health care coverage? Breno must pay 70% of the first $500 of medical expenses he incurs. Breno must pay 30% of the first $500 of medical expenses he incurs. Breno must pay $950 for his medical expenses in the current year. Breno will be reimbursed for a total of $1,400 for the current year. 27 0 Oa) Ob) Oc) Od) 8888 Breno has a group extended health coverage plan with a $3,500 annual coverage limit, a $500 deductible, and a 70% co-insurance factor. Breno incurs $2,000 of eligible medical expenses in the current year. Which of the following CORRECTLY describes Breno's benefits under his group extended health care coverage? Breno must pay 70% of the first $500 of medical expenses he incurs. Breno must pay 30% of the first $500 of medical expenses he incurs. Breno must pay $950 for his medical expenses in the current year. Breno will be reimbursed for a total of $1,400 for the current year. 27 0 Oa) Ob) Oc) Od) 8888

Answer rating: 100% (QA)

Answer d Breno wil... View the full answer