QUESTION 4 Bob and Roberta are married and have two children. They are covered by a comprehensive medical and major medical policy with a $200 doductible per person, an 80/20 coinsurance provision, and an annual out of pocket family limit of $3,000 Bob deslocated his shoulder in November and needed surgery to fix the injury, which cost $35.000 Bob, Roberta, and each of the children had an annual physical exam earler in January, which cost $250 each Aside from these expenses, there were no other health care costs incurred by the family this year How much will Bob have to pay out of pocket to cover the costs of his surgery? a.$0 b.$200 c. $2000 d.$2.800
QUESTION 4 Bob and Roberta are married and have two children. They are covered by a comprehensive medical and major medical policy with a $200 doductible per person, an 80/20 coinsurance provision, and an annual out of pocket family limit of $3,000 Bob deslocated his shoulder in November and needed surgery to fix the injury, which cost $35.000 Bob, Roberta, and each of the children had an annual physical exam earler in January, which cost $250 each Aside from these expenses, there were no other health care costs incurred by the family this year How much will Bob have to pay out of pocket to cover the costs of his surgery? a.$0 b.$200 c. $2000 d.$2.800
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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QUESTION 4
Bob and Roberta are married and have two children. They are covered by a comprehensive medical and major medical policy with a $200 doductible per person, an
80/20 coinsurance provision, and an annual out of pocket family limit of $3,000 Bob deslocated his shoulder in November and needed surgery to fix the injury, which
cost $35.000 Bob, Roberta, and each of the children had an annual physical exam earler in January, which cost $250 each Aside from these expenses, there were
no other health care costs incurred by the family this year How much will Bob have to pay out of pocket to cover the costs of his surgery?
a.$0
b.$200
c. $2000
d.$2.800
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