Gina's health insurance includes a $400 deductible and 80/20 coinsurance on all services that are not preventable.
Gina visited the doctor for a sore throat on January 1st (so she has not yet met her deductible). The bill was $40. How much will Gina pay for the visit?
Answer:
Gina has to pay for the visit = $40
Explanation:
Gina's health insurance includes a $400 deductible and 80/20 coinsurance on all services that are not preventable.
As per terms of insurance, Gina has to meet her deductible of $400 before Insurance Company pays for.
Since as of January 1 (when she visited the doctor for a sore throat and her bill for visit is $40), she has not yet met her deductible, she has to pay $40 for the visit.
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