Are you having trouble answering the question “Rusty has a major medical policy with a $450 deductible and 70/30 coinsurance. The policy has $10,000 stop loss coverage. How much is paid by the policy on a covered loss of $8,500?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Rusty has a major medical policy with a $450 deductible and 70/30 coinsurance. The policy has $10,000 stop loss coverage. How much is paid by the policy on a covered loss of $8,500?
a. $5,635
b. $6,800
c. $8,050
d. $8,500
Answer: a. $5,635
You should now have gotten the answer to your question “Rusty has a major medical policy with a $450 deductible and 70/30 coinsurance. The policy has $10,000 stop loss coverage. How much is paid by the policy on a covered loss of $8,500?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.
