How much will devons health insurance policy pay for this

Reference no: EM13782389

Devon Smith was injured in a freak accident in his dorm room and had to spend several days in the hospital. His covered medical costs totaled $8,000.

How much will Devon's health insurance policy pay for this claim given the following policy information? (Hint: stop-loss limit usually doesn't include deductibles and those medical expenses beyond the usual, customary, and reasonable (UCR) charges.) $250,000 policy limit, $400 deductible per year, 80/20 coinsurance, $2,000 per year out-of-pocket coinsurance cap (i.e., stop-loss limit).

Reference no: EM13782389

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