Bob has an individual medical expenses insurance policy with a $1,000 deductible and an 80-20% coinsurance clause. Bob h
Posted: Sun Jun 05, 2022 6:43 pm
Bob has an individual
medical expenses insurance policy with a $1,000 deductible and an
80-20% coinsurance clause. Bob had an outpatient surgery and
incurred medical bills of $10,000. Later that year, he had a doctor
appointment and received a bill of $800. How much will Bob’s
insurer pay? How much will Bob have to pay? Consider these 2
scenarios:
medical expenses insurance policy with a $1,000 deductible and an
80-20% coinsurance clause. Bob had an outpatient surgery and
incurred medical bills of $10,000. Later that year, he had a doctor
appointment and received a bill of $800. How much will Bob’s
insurer pay? How much will Bob have to pay? Consider these 2
scenarios: