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AzJose AzJose
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6 years ago
Laura's major medical insurance policy includes a $500 deductible. Laura is required to pay 20 percent of covered expenses in excess of the deductible, and her insurer will pay 80 percent of covered expenses in excess of the deductible. Laura was hospitalized and her covered medical expenses were $10,500. How much of the $10,500 will be paid by the insurer?
A) $7,500
B) $7,900
C) $8,000
D) $10,000
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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6 years ago
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AzJose Author
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5 years ago
Thanks again
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