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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