If Amy has a group medical policy with a $500 deductible and incurs $1,500 in covered healthcare services, how much will her group insurance carrier pay?

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In this scenario, Amy has a group medical policy with a $500 deductible. This means that she is responsible for paying the first $500 of her healthcare costs before her insurance starts covering any expenses. After she has met her deductible, the insurance will cover the remaining costs, subject to the terms of the policy, which typically includes co-payments or coinsurance.

Amy incurs $1,500 in covered healthcare services. First, she pays the deductible amount of $500. After this payment, the remaining healthcare costs would be $1,500 minus the $500 deductible, leaving a total of $1,000 in expenses that would be covered by her insurance.

Since there are no additional specifics regarding coinsurance or any maximum out-of-pocket limits provided in the question, it is assumed that the insurance will pay the full remaining amount after the deductible has been met. Therefore, the insurance carrier would pay $1,000 towards her healthcare services, indicating that the total amount paid by Amy plus the amount covered equals the total incurred expenses.

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