Renee Crowgy's policy includes a $500 deductible and a coinsurance provision requiring her to pay 20 percent thereafter. Her medical bills total $5,500. What amount is she required to pay personally?

Question

Quizplus · Accepted Answer

Renee is responsible for the $500 deductible plus 20% of the remaining $5,000, which is $1,000. So, she is required to pay a total of $1,500 personally.

Renee Crowgy's Policy Includes a $500 Deductible and a Coinsurance