What would be the out-of-pocket cost to an individual whose health care policy includes a 20 percent co-pay for all long-term illnesses.The policy has a stop loss provision of $40,000.A current long-term illness has resulted in total expenses of $250,000.
(a)$8,000
(b)$40,000
(c)$50,000
(d)$210,000

Question

Quizplus · Accepted Answer

The Answer of What would be the out-of-pocket cost to an individual whose health care policy includes a 20 percent co-pay for all long-term illnesses.The policy has a stop loss provision of $40,000.A current long-term illness has resulted in total expenses of $250,000.
(a)$8,000
(b)$40,000
(c)$50,000
(d)$210,000

What Would Be the Out-Of-Pocket Cost to an Individual Whose