Question

You have a hospital bill of $14,000. You have an insurance plan that has a $2,000 deductible and a 20% coinsurance clause. How much do you pay towards the total bill ?​

Answer 1

Answer:

Copay refers to when policyholders have to bear a fixed part of their expenses towards medical treatment while the rest is borne by the insurer. This can either be as a fixed amount or a fixed percentage of the treatment costs. For example, if your insurance policy comes with a copay clause of Rs.

Step-by-step explanation:

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Answer 2

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