Comprehensive major medical health insurance plan at work has a deductible of $750. The poli Show more Beckys comprehensive major medical health insurance plan at work has a deductible of $750. The policy pays 85 percent of any amount above the deductible.

Comprehensive major medical health insurance plan at work has a deductible of $750. The poli Show more Beckys comprehensive major medical health insurance plan at work has a deductible of $750. The policy pays 85 percent of any amount above the deductible.

While on a hiking trip Becky contracted a rare bacterial disease. Her medical costs for treatment including medicines tests and a six-day hospital stay totaled $8893. 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 $3000. Was her friend correct? Show your computations. Then determine which policy would have cost Becky less and by how much Show less

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