Home / Expert Answers / Finance / 34-justin-has-a-comprehensive-auto-insurance-policy-with-a-100-deductible-with-a-80-20-copa-pa324

(Solved): "Justin has a comprehensive auto insurance policy with a \( \$ 100 \) deductible, with a 80/20 copa ...




Justin has a comprehensive auto insurance policy with a \( \$ 100 \) deductible, with a 80/20 copay and a \( \$ 200 \) out-o
"Justin has a comprehensive auto insurance policy with a \( \$ 100 \) deductible, with a 80/20 copay and a \( \$ 200 \) out-of-pocket limit. Last week, their car was crushed by a falling tree. This cost them \( \$ 1,600 \) to replace the car. How much of this expense will they havve to pay out of pocket?" Question 2 6 pts 'Dina was just involved in a car accident and charged \( \$ 9,100 \) in expenses as a result. If their insurance policy has a \( \$ 7,400 \) deductible, a \( \$ 7,400 \) out-ofpocket limit, and a \( 100 / 0 \) copay. What will be their out of pockect expense for this accident? Question 3 Thilip thas had a pretty bad year. This year alone, they bave had to be hospitalized three times - once foc three days in January, one cight in October. and again just overnight in December. Together, the bill for these medical services cost. total of \( \$ 5,900 \), Fortinately, they have a health lnsurance policy. This policy has a \( \$ 3,200 \) deductible. with a \( 80 / 20 \) copay and a \( \$ 9,600 \) out-of pocket imit. How much total did ther have to pay out of their own pocket for these medicat expenses this year"


We have an Answer from Expert

View Expert Answer

Expert Answer


Step 1 of the answer to the question is as follows :- 1 Amount to pay out of pocket = deductible + (cost - deductible) x co-pay% or 200 , whichever is
We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe