If the deductible is $200 and the co-payment is 20%, on a covered expense of $1200 the individual will pay _____ and their insurance company will pay ______.

Question

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The individual first pays the deductible of $200, reducing the covered expense to $1000. Then, they pay 20% of the remaining $1000, which is $200. So, in total, the individual pays $400 ($200 deductible + $200 co-payment). The insurance company pays the remaining $800.

If the Deductible Is $200 and the Co-Payment Is 20