If no previous medical charges have been incurred in the


Jackie has a health insurance policy with a $200 calendar year deductible, a $2,000 out-of-pocket cap, and an 80% coinsurance provision. If no previous medical charges have been incurred in the current policy year and she suffers a $350 covered loss, how much will the insurance company pay?

a. $0

b. $80

c. $120

d. $200

e. $400

 

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Finance Basics: If no previous medical charges have been incurred in the
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