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8 years ago
Granny Mayberry's health insurance policy has a $500 annual aggregate deductible, 80/20 cost sharing deductible, and a maximum annual out-of-pocket cap of $5,000. She wrecks her Harley and breaks her hip, and her total medical bills for the injury are $12,890. How much will her insurer pay for this claim?
A) $7,890
B) $10,312
C) $9,912
D) $12,890
Textbook 
Introduction to Risk Management and Insurance

Introduction to Risk Management and Insurance


Edition: 10th
Authors:
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