H has a Basic Medical policy with coverage of $3,000, and a Major Medical policy with $2 million in lifetime benefits, a $700 deductible, and 80/20 coinsurance. If there are actual costs of $25,000, H will owe how much?
H has a Basic Medical policy with coverage of $3,000, and a Major Medical policy with $2 million in lifetime benefits, a $700 deductible, and 80/20 coinsurance. If there are actual costs of $25,000, H will owe how much?
a. $4,960
b. $4,400
c. $4,260
d. $5,100
Answer: A
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