Given a $250 annual deductible, an 80% co-insurance provision, and a $5,000 copayment cap, how much of a $27,500 medical bill will be paid by the insured?

a. $250
b. $5000
c. $5450
d. $5250
e. $5700


Answer: d. $5, 250

Business

You might also like to view...

At the strategic level, marketing (little m) serves as the driver of business strategy.

Answer the following statement true (T) or false (F)

Business

Houghton Company reports a deficit in current E&P of ($500,000) and a deficit in accumulated E&P of ($800,000). Houghton distributed $100,000 to its sole shareholder, Blossom Applegate, on December 31, 20X3. Blossom's tax basis in her Houghton stock is $50,000. What is the tax treatment of the distribution to Blossom, and what is her tax basis in Houghton stock after the distribution?

What will be an ideal response?

Business

The time estimate that represents the best estimate of time to complete the activity is the?

a. Optimistic completion time b. Most likely completion time c. Pessimistic completion time d. Least likely completion time

Business

"Product" is NOT concerned with

A. branding. B. wholesale price. C. packaging. D. warranty. E. quality level.

Business