Laura's major medical insurance policy includes a $500 deductible and an 80-20 coinsurance clause.Laura was hospitalized and her covered medical expenses were $10,500.How much of the $10,500 will be paid by the insurer under Laura's major medical policy?

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The Answer of Laura's major medical insurance policy includes a $500 deductible and an 80-20 coinsurance clause.Laura was hospitalized and her covered medical expenses were $10,500.How much of the $10,500 will be paid by the insurer under Laura's major medical policy?

Laura's Major Medical Insurance Policy Includes a $500 Deductible and an 80-20