1.Sol:- | |||
$500 deductable, 20% Co-insurance, $15 co pay | |||
Total Expenses | Paid by Insurance | Paid by you | |
Broken Finger- ER | $350 | ||
X-Rays | $225 | ||
Lab Tests | $150 | ||
Prescription Drugs | $25 | ||
1. Total Medicine Expense | $750 | ||
2. Deductible | $500 | $500 | |
3. Net Expense after deductible | $200 | ||
4. 20% Co-insurance | $40 | $40 | |
80% of Net Expense | $160 | $160 | |
Doctor Visits - 3 @ $100 each | $300 | ||
$15 Copay each visit | $45 | $45 | |
Remaining Expenses | $300 | $300 | |
Out-of-pocket Maximum | $1,500 | $1,500 | |
Total Owned by you | $2,085 | ||
Total Paid by insurance Company | $460 | ||
2 Sol:- | |||
$700 deductable, 15% Co-Insurance, $30 co pay | |||
Total Expenses | Paid by Insurance | Paid by you | |
Head Injury- ER | $660 | ||
MRI | $1,200 | ||
Lab Tests | $200 | ||
Prescription Drugs | $85 | ||
1. Total Medicine Expense | $2,145 | ||
2. Deductible | $700 | $700 | |
3. Net Expense after deductible | $1,445 | ||
4. 15% Co-insurance | $216.75 | $216.75 | |
85% of Net Expense | $ 1,228.25 | $1,228.25 | |
Doctor Visits -4@ $120 each | $480 | ||
$30 Copay each visit | $120 | $120 | |
Remaining Expenses | $480 | $480 | |
Out-of-pocket Maximum | $2,000 | $2,000 | |
Total Owned by you | $3,037 | ||
Total Paid by insurance Company | $1,708.75 |
what is "more info" Paid by Insurance Paid by y 1. $500 deductable, 20% Co-insurance, 515...
Question 11 & 12 please! Question 11 (0.15 points) Your health insurance requires a copay of $45 each time you see your doctor. You have already met your $1750 deductible for the year, but you are far below your out-of-pocket maximum payment of $2500 for the year. Your doctor charges patients without insurance $100 per visit. How much must you pay for your visit to the doctor in this situation? Your Answer: Answer Question 12 (0.15 points) You have health...
1-Your health insurance requires a copay of $45 each time you see your doctor. You have already met your $750 deductible for the year, but you are far below your out-of-pocket maximum payment of $4500 for the year. Your doctor charges patients without insurance $100 per visit. How much must you pay for your visit to the doctor in this situation? 2-What would it cost an insurance company to replace a family's personal property that originally cost $19000? The replacement...
Opal fell on the ice and injured her hip this winter. As a result she paid $3,000 for a visit to the hospital emergency room and $750 for follow-up visits with her doctor. While she recuperated, Opal paid $500 for prescription medicine and $600 to a therapist for rehabilitation. Insurance reimbursed Opal $1,200 for these expenses. What is the amount of Opal's deductible medical expense before considering any AGI limitations? $3,000. $3,750. $3,650. $4,850. All of the choices are correct.
1. Your health insurance requires a copay of $35 each time you see your doctor. You have already met your $2000 deductible for the year, but you are far below your out-of-pocket maximum payment of $2500 for the year. Your doctor charges patients without insurance $100 per visit. How much must you pay for your visit to the doctor in this situation? 2. You are 65 years old and about to retire. You have $100,000 saved in a retirement account...
What is the formula? Use a VLOOKUP function in cell F25 of the CatastropheCoverageLowActivity worksheet to determine the appropriate Copayment for the first visit to a Primary Doctor. The Type in cell D25 is one of the parameters. Use absolute and relative references when appropriate UnitedHealthcare Catastrophic Compass Plus 6600 Single Adult Age 22 -Monthly prenium $160-Deductible $6,600-0ut-ol-pocket maximum $6,600 Copayment Primary doctor-$50 Copayment Specialist Dactor $100 Ernergency Room No charge after deductible Hospital Services No charge after deductible Lab...
1. The patient is insured by a PPO with 100 percent coverage after a copay of $15. The patient was seen in the office for a checkup, and the total charges were $115. What amount must the patient pay? When? What amount must the insurance plan pay? When?2 Afaf Darcy is insured by an HMO with a $10 copay and out-of-network coinsurance on charge balances of 90-10. She needed ysical therapy after her knee replacement. Her HMO pays for eighteen...
1. The patient's health insurance plan has a $750 deductible for hospital visits, and then it covers 100 percent of hospital visit charges. The patient's first hospital visit this year had charges of $612. The patient was subsequently admitted to the hospital a second time this year, and the charges totaled $358. How much will the patient be billed for each visit? How much will the health insurance plan reimburse for each visit?2 A patient insured under an indemnity plan...
Ronald Roth started his new job as controller with Aerosystems today. Carole, the employee benefits clerk, gave Ronald a packet that contains information on the company's health insurance options. Aerosystems offers its employees the choice between a private insurance company plan (Blue Cross/Blue Shield), an HMO, and a PPO. Ronald needs to review the packet and make a decision on which health care program fits his needs. The following is an overview of that information a. Blue Cross/Blue Shield plan:...
Becky's comprehensive major medical health insurance plan at work has a deductible of $740. The policy pays 65 percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a five-day hospital stay, totaled $9,253. A friend told her that she would have paid less if she had a policy with a stop-loss feature that capped her out-of-pocket expenses at $4,800. a. Calculate the...
Becky’s comprehensive major medical health insurance plan at work has a deductible of $720. The policy pays 85 percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a four-day hospital stay, totaled $9,213. A friend told her that she would have paid less if she had a policy with a stop-loss feature that capped her out-of-pocket expenses at $4,600. a. Calculate the...