Simon is a single individual and wants to sign up for the Standard Plan being offered by his employer. He plans to use in-network physicians. Which of the statements below is TRUE?
a. The cost of his annual physical will be 50% after deductible
b. The maximum amount that he can expect to pay out-of-pocket is $6,000.
c. His annual deductible will be $800.
d. Once he hits his annual deductible of $800, he will incur no additional costs for health care
services for the rest of the calendar year.

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step-by-step explanation:

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step-by-step explanation:

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yes, gavin is right.

step-by-step explanation:

gavin is correct. 

this problem is about converting 9% per year to how many percent per quarter. the rate is still the same. it only differed in the time period. so, through dimensional analysis,

9% per year  × (1 year / 4 quarters) = 2.25% per quarter

if he was asked to convert 9% per year to how many percent per quarter  compounded quarterly, then you will not simply divide by four. this is because compounding is not linear.

hope this , have a good day. c;