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39 votes
39 votes
Andrea has a health insurance deductible pf $5,000. Her medical bills for the year total $49,000. How much will she be required to pay out of pocket on her annual medical bills?

A. $5,000

B. $33,000

C. $0

D. $38,000​

User Mohamed Sayed
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2 Answers

25 votes
25 votes

b is right answer I think

User Philip Walton
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2.7k points
20 votes
20 votes

$5,000 is the amount she will pay out of pocket on her annual medical bills.

Basically, the term of Deductible is used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.

In health Insurance, having a deductible of $5,000 on one's policy means the health plan benefits will start after one pays $5,000 out of his pocket.

Information given

Deductible = $5,000

Total claim = $49,000

Therefore, the Option C is correct because $5,000 is the amount she will pay out of pocket on her annual medical bills.

User Carleto
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3.0k points