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Michael was involved in a head-on automobile accident, resulting in a 65-day hospital stay. Once he was released from the hospital, Michael had to do physical therapy for an additional 6 months. The total bill for all medical services that Michael received was $279,000. Michael's health insurance policy has a $500 annual deductible, an 80/20 coinsurance provision, and a $5,000 stop-loss provision. What will Michael's share of the medical bill be?

Sagot :

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