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Shannon and her family are eligible for dental benefits under her employer's group dental plan....

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Finance

Shannon and her family are eligible for dental benefits under her employer's group dental plan. The plan provides for orthodontic coverage with a 50% coinsurance up to a lifetime maximum benefit of $2,000 per eligible insured. Shannon, her husband and each of her children are each considered an insured individual for orthodontic benefits. Shannon's son Tim began orthodontic work in 2019 with total orthodontic expenses of $3,000 in 2019 and $3,000 in 2020. Her son Tom began orthodontic work in 2020, and incurred total orthodontic expenses of $3,000, that year. Assuming Shannon claims reimbursement for eligible expenses on a calendar year basis, how much did she receive as a reimbursement under the dental plan in 2020?

Question 13 options:

$1,500

$2,000

$3,000

$500

Answer & Explanation Solved by verified expert
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