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Peter and his wife, Donna, work for different employers. Both employers provide prescription drugs plans....

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Accounting

  1. Peter and his wife, Donna, work for different employers. Both employers provide prescription drugs plans. Peters plan has a $50 single deductible and a $150 family deductible, with a coinsurance factor of 90%. Donnas plan has a $50 single deductible and a $100 family deductible, with a coinsurance factor of 80%. Both plans have a COB clause. Peters birthday is March 20, 1976. Donnas birthday is January 10, 1979. Last year the family submitted the following claims for prescription drugs:

    • In February, Peters claim for $300

    • In March, Donnas claim for $100

    • In September, daughter Maias claim for $500

      How much will each plan reimburse them for Maias claim?

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