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What Would Be the Out-Of-Pocket Cost to an Individual Whose

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Essay

What would be the out-of-pocket cost to an individual whose health care policy includes a 20 percent co-pay for all long-term illnesses.The policy has a stop loss provision of $40,000.A current long-term illness has resulted in total expenses of $250,000.
(a)$8,000
(b)$40,000
(c)$50,000
(d)$210,000


Definitions:

Winnicott

Refers to Donald Winnicott, a British psychoanalyst known for his work on developmental psychology and object relations theory.

False Self

A psychological concept referring to a persona adopted by an individual to conceal their true feelings or to meet the expectations of others.

Psychological Development

The changes in cognitive, emotional, and social capacities and behaviors across the lifespan, influenced by biological, environmental, and cultural factors.

Life Span

The length of time for which a person or organism lives or a thing functions.

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