How much of a $2,000 medical bill would you pay if your policy contains a $400 deductible and a 10% coinsurance clause?
A) $200
B) $400
C) $160
D) $560
Answer: D
Explanation: D)
Bill $2,000
Less deductible $400
$1,600
Coinsurance amount—10% × 0.10
Coinsurance amount $160
Plus deductible $400
Total amount paid $560
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