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

question 75

Multiple Choice

What would be the out-of-pocket cost to an individual whose health care policy includes a 20% 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:

Social Group

A collection of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity or identity.

Culture

The amassed beliefs, behaviors, knowledge, norms, language, values, and material objects that are passed down from generation to generation within a human group.

Animals

Animals are multicellular, eukaryotic organisms in the biological kingdom Animalia, characterized by their ability to move voluntarily, consume organic material, breathe oxygen, and reproduce sexually.

Humans

Biological beings belonging to the species Homo sapiens, characterized by their advanced cognitive abilities and complex social structures.