29. Alex owns a health insurance policy with a $1000 calendar-year deductible, an 80-20 coinsurance provision, and a $5,
Posted: Sun Jul 03, 2022 6:42 am
29. Alex owns a health insurance policy with a $1000calendar-year deductible, an 80-20 coinsurance provision, and a$5,000 out-of-pocket cap. The cap applies to coinsurance only. Alexunderwent an open-heart surgery, spent two weeks in the hospital,and incurred medical charges of $41,000. Assuming this surgery wasthe first medical care that Alex received during the year, how muchof the $41,000 bill will the insurer pay? A. $32.000 B. $32.800 C.$40,000 D. $35,000 E. None of the above