A health insurance policy contains a $200 calendar-year deductible, an 80 percent coinsurance provision, and a $2,500 out-of-pocket cap. If a $10,000 covered claim is the only claim made this year, the insurance company will pay

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First, subtract the deductible from the claim: $10,000 - $200 = $9,800. Then, apply the 80% coinsurance: 80% of $9,800 = $7,840. The out-of-pocket cap does not affect this calculation because the total out-of-pocket expenses (deductible + coinsurance) do not exceed the cap.

A Health Insurance Policy Contains a $200 Calendar-Year Deductible, an 80