How much money will a patient using this insurance plan have to pay for a $4200 medical bill? Health Insurance PlanDeductible$3,000Co-Insurance20%Out-of-pocket$6,000maxEmergencycopayPrimary copayA. $3,560C. $4,000.$400$40How much money will apatient using thisinsurance plan have topay for a $4,200 medicalbill from an emergencyroom visit?B. $3,160D. $640

Deductible is the amount you have to pay each year for eligible medical services before your health…

Answered: Health Insurance Plan Deductible $3,000…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Health Insurance Plan Deductible $3,000 Co-insurance 20% Out-of-pocket $6,000 max Emergency copay Primary copay A. $3,560 C. $4,000 $400 $40 How much money will a patient using this insurance plan have to pay for a $4,200 medical bill from an emergency room visit? B. $3,160 D. $640