Arturo had hospitalization expenses of $8,300. Your policy for medical expenses Seniors have a deductible of $500 and expenses are paid at a 20% coinsurance. These are the first expenses ever this year, how much will Arturo have to pay in your bill for hospitalization expenses?

Arturo will have to pay $1560.00 in his bill for hospitalization expenses. Here's the breakdown: Deductible: $500 (This is the fixed amount that Arturo must pay before the insurance company starts covering any expenses.) Amount covered by insurance: $8300 - $500 = $7800 Coinsurance: 20% (This is the percentage of covered expenses that Arturo will have to pay.) Amount to be paid by Arturo: $7800 * 20% = $1560.00 Therefore, Arturo will need to pay $1560.00 out of his own pocket for his hospitalization expenses.