Nick has a comprehensive health care policy with a $250 per calendar year deductible and 80%-20% with a maximum $1,000 copayment cap per calendar year. In January, Nick had a $600 claim which the insurance company paid $280 . Nick experiences another unrelated claim in October resulting in total bills of $5,000 . How much will Nick have to pay for the second claim?
a. $5,000
b. $3,930.
c. $1,800
d. $ 930.
e. none of the above.
D
Business
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