In a financial plan, we try to protect which of the following from risk?
a All of the above
Our human capital
Our loved ones
Jennifer, a teacher, and Wally, an IT professional have twin girls with special needs and as a result have on going medical expenses. Jennifer expects that her family medical cost for 2021 will be $25,000. She has a Blue Cross, Blue Shield PPO through her school district. Her family deductible is $4,500. The co- insurance is 70/30. Her plan Max out-of-pocket is $10,500 for the year.
How much is Jennifer’s co-insurance? (Answer with a positive number, round to the nearest dollar)