Are you having trouble answering the question “The Smith family has a $1,000 annual family deductible with a coinsurance provision of 80/20. The family’s claims for the year are $200, $300, $400, $500, $300, and $300, totaling $2,000. The insurer is responsible for paying:”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
The Smith family has a $1,000 annual family deductible with a coinsurance provision of 80/20. The family’s claims for the year are $200, $300, $400, $500, $300, and $300, totaling $2,000. The insurer is responsible for paying:
A. $1,600
B. $1,200
C. $2,000
D. $800
Answer: D.
You should now have gotten the answer to your question “The Smith family has a $1,000 annual family deductible with a coinsurance provision of 80/20. The family’s claims for the year are $200, $300, $400, $500, $300, and $300, totaling $2,000. The insurer is responsible for paying:”, which was part of Insurance MCQs & Answers. Thanks for choosing us.
