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bacterial disease. Her medical costs for treatment, including
medicines, tests, and a six-day hospital stay, totaled $8,893.
A friend told her that she would have paid less if she had a policy with
a stop-loss feature that capped her out-of-pocket expenses at $3,000.
Was her friend correct? Show your computations. Then determine
which policy would have cost Sarah less and by how much.
5 The Kelleher family has health insurance coverage that pays 80
percent of out-of-hospital expenses after a $500 deductible per person.
If one family member has doctor and prescription medication expenses
of $1,100, what amount would the insurance company pay?
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BUSN 380 Week 6 Quiz

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1. (TCO 4) If a home inspection reveals defective house wiring, then
this is an example of a (Points : 1)
threat.
peril.
risk.
speculation.
hazard.