Nick Has a Comprehensive Health Care Policy with a $250

question 45

Multiple Choice

Nick has a comprehensive health care policy with a $250 per-calendar-year deductible,an 80% co-insurance provision,and a $1,000 copayment cap per calendar year.In January,Nick had a $600 claim for which the insurance company paid $280.Nick experiences another unrelated claim in October resulting in total bills of $5,000.How much will Nick have to pay for the second claim?

• A)$5,000
• B)$3,930
• C)$1,800
• D)$930
• E)None of the above

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Definitions:

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The specific way in which an economic entity or biological organism grows over time, often analyzed to predict future developments.

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