Are you having trouble answering the question “Frank has a major medical policy with a $300 deductible and 80/20 coinsurance. The policy has $10,000 stop-loss coverage. How much is paid by the policy on a covered loss of $7,500?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Frank has a major medical policy with a $300 deductible and 80/20 coinsurance. The policy has $10,000 stop-loss coverage. How much is paid by the policy on a covered loss of $7,500?
a. $2,160
b. $5,760
c. $6,000
d. $7,500
Answer: b. $5,760
You should now have gotten the answer to your question “Frank has a major medical policy with a $300 deductible and 80/20 coinsurance. The policy has $10,000 stop-loss coverage. How much is paid by the policy on a covered loss of $7,500?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.
