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Stop-Loss Provision. Pete’s health insurance pol- icy specifies that he should pay 30% of 1 answer below » Stop-Loss Provision. Pete’s health insurance pol- icy specifies that he should pay 30% of expenses associated with a long-term illness, and he has a stop-loss provision of $35,000 in his policy. If Pete incurs expenses of $70,000, how much would he owe? Aug 21 2015 06:40 PM