Kristen has an individual medical expense policy with a $1,0…
Kristen has an individual medical expense policy with a $1,000 calendar-year deductible, with an 80-20 coinsurance clause that has a $5,000 annual out-of-pocket stop loss provision limit. Kristen was hospitalized for a surgical procedure in March, her first health care treatment received during the year. The total bill was $19,000. Considering the deductible and coinsurance, how much of this amount must Kristen pay?