Based on the way insurance is offered, it is more likely that <u>c. His </u><u>annual deductible </u><u>will be</u><u> $800.</u>
<h3>Facts about using in-network insurance</h3>
Charged a lower copayment rate after deductible.
Incur a relatively low out-of-pocket amount.
Have a relatively low annual deductible.
Using in-network physicians reduces the cost of insurance to the individual so the most likely option here is that Simon has an annual deductible of $800. It is also unlikely that he will pay nothing after meeting this annual deductible.