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Granny Mayberry's Health Insurance Policy Has a $500 Annual Aggregate

Question 3

Multiple Choice

Granny Mayberry's health insurance policy has a $500 annual aggregate deductible, 80/20 cost sharing deductible, and a maximum annual out-of-pocket cap of $5,000. She wrecks her Harley and breaks her hip, and her total medical bills for the injury are $12,890. How much will her insurer pay for this claim?


A) $7,890
B) $10,312
C) $9,912
D) $12,890

Correct Answer:

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