Multiple Choice
Nick has a comprehensive health care policy with a $250 per-calendar-year deductible,an 80% co-insurance provision,and a $1,000 copayment cap per calendar year.In January,Nick had a $600 claim for which the insurance company paid $280.Nick experiences another unrelated claim in October resulting in total bills of $5,000.How much will Nick have to pay for the second claim?
A) $5,000
B) $3,930
C) $1,800
D) $930
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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