Connie has an individual medical expense policy with a $1,000 exemption. He is required to pay 20
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Connie has an individual medical expense policy with a $1,000 exemption. He is required to pay 20 percent of the covered costs exceeding the deductible. The insurer will pay 80 percent of the expenses exceeding the exemption. If Connie has $26,000 in eligible medical expenses, how much will she be paid by her insurance?
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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