Assume James had a surgery. The bills for his surgery amounted for a total of $16,000. James
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Assume James had a surgery. The bills for his surgery amounted for a total of $16,000. James has a health insurance that includes all the procedures the surgery required. However, his insurance policy requires him to pay deductibles of $1,000, and the policy has a 70-30 percent (insurer - insured) coinsurance clause. Given the information calculate :
1- How much James has to pay?
2- How much the insurance company has to pay?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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