Junie, an employee, has two (2) health insurances provided under his employment contract: (1) PhilHealth; (2) Care Bear Co. Each of the insurance states clearly the types of 1. insured sicknesses, the accredited hospitals, where the insurances are applicable, the amounts of indemnification in cases of sickness, and all other relevant information. A year later, Junie had an illness covered under both of Junie's health insurance. The accredited hospital billed Junie a total of P100,000, P40,000 of which is covered by PhilHealth, and Care Bear Co. covered the remaining. How much is the total insurance accounted in this case?

Junie, an employee, has two (2) health insurances provided under his employment contract: (1) PhilHealth; (2) Care Bear Co. Each of the insurance states clearly the types of 1. insured sicknesses, the accredited hospitals, where the insurances are applicable, the amounts of indemnification in cases of sickness, and all other relevant information. A year later, Junie had an illness covered under both of Junie's health insurance. The accredited hospital billed Junie a total of P100,000, P40,000 of which is covered by PhilHealth, and Care Bear Co. covered the remaining. How much is the total insurance accounted in this case?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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