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.