Sue had bronchitis and had to go to the hospital. The episode cost her $500. Her insurance policy has the following provisions: $500 deductible, 80/20 coinsurance, and an $850 annual premium. Answer the following question. Sue had another incident during the same year that cost her $2050. How much was Sue's portion of this bill? a)410 b)2050 c)500 d)1640

Individual Income Taxes
43rd Edition
ISBN:9780357109731
Author:Hoffman
Publisher:Hoffman
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 23CE
icon
Related questions
Question

son.2

 

 

Sue had bronchitis and had to go to the hospital. The episode cost her $500. Her insurance policy has the
following provisions: $500 deductible, 80/20 coinsurance, and an $850 annual premium. Answer the following
question. Sue had another incident during the same year that cost her $2050. How much was Sue's portion of
this bill? a)410 b)2050 c)500 d)1640
Transcribed Image Text:Sue had bronchitis and had to go to the hospital. The episode cost her $500. Her insurance policy has the following provisions: $500 deductible, 80/20 coinsurance, and an $850 annual premium. Answer the following question. Sue had another incident during the same year that cost her $2050. How much was Sue's portion of this bill? a)410 b)2050 c)500 d)1640
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
Individual Income Taxes
Individual Income Taxes
Accounting
ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT
SWFT Comprehensive Vol 2020
SWFT Comprehensive Vol 2020
Accounting
ISBN:
9780357391723
Author:
Maloney
Publisher:
Cengage
SWFT Individual Income Taxes
SWFT Individual Income Taxes
Accounting
ISBN:
9780357391365
Author:
YOUNG
Publisher:
Cengage
SWFT Comprehensive Volume 2019
SWFT Comprehensive Volume 2019
Accounting
ISBN:
9780357233306
Author:
Maloney
Publisher:
Cengage
Administration Of Wills/Trusts/ And Estates
Administration Of Wills/Trusts/ And Estates
Finance
ISBN:
9781285281308
Author:
Brown
Publisher:
Cengage
Pfin (with Mindtap, 1 Term Printed Access Card) (…
Pfin (with Mindtap, 1 Term Printed Access Card) (…
Finance
ISBN:
9780357033609
Author:
Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:
Cengage Learning