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aeropa84 aeropa84
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7 months ago
Chuck's health insurance requires payment of an annual deductible of $500 per person or $1,000 per family. After meeting the deductible, he must pay 20% of covered charges until he reaches $4,200 out of pocket, after which the insurer will pay 100% of the costs. Chuck has had no other claims during the year. Zoey, his daughter, fell from a playground swing set and requires emergency surgery. The hospital stay costs $20,000. How much will he end up paying out of pocket?

▸ $3,900

▸ $4,200

▸ $4,400

▸ $4,000
Textbook 
Personal Finance

Personal Finance


Edition: 2nd
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ramos1992ramos1992
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7 months ago
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