An insured has a Major Medical policy with a $500 deductible, 80% coinsurance, and a $1,500 stop-loss provision. How much of $4,500 in covered claims will the policy pay?

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An insured has a Major Medical policy with a $500 deductible, 80% coinsurance, and a $1,500 stop-loss provision. How much of $4,500 in covered claims will the policy pay?

A) $4,500.

B) $1,300.

C) $3,200.

D) $1,500.

Answer: C) $3,200.

The above question An insured has a Major Medical policy with a $500 deductible, 80% coinsurance, and a $1,500 stop-loss provision. How much of $4,500 in covered claims will the policy pay?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.

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