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Alex Miranda has basic coverage and supplementary major medical with a $100 deductible, 20 percent co-insurance, and a $1,500 stop loss on co-insurance payments.
a) How much will the major medical coverage pay if Lee incurs $1,000 in expenses during the year that are not covered by basic cover age but that are eligible for major medical?
b) If he incurs $8,000 in eligible expenses?
c) At what level of eligible expenses will major medical coverage begin to pay 100% of additional expenses.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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