Maria has basic health insurance, including prescription drug coverage, with a plan year that starts on July 1, but she has no vision or dental coverage. Her coverage includes a $2,500 deductible, 75:25 coinsurance, and a stop-loss point of $10,000.
Maria has been undergoing treatment for premature wrinkles. By the end of May, she's reached her stop-loss point for covered medical care. Her wrinkle treatment for the month of June will cost $1,000. How much will Maria have to pay out of pocket for this elective procedure?
Ms. Maria has to pay 1000 dollars as the anti wrinkle treatment is an elective procedure chosen by her.
Maria has basic health insurance, including prescription drug coverage, with a plan year that starts on July 1, but she...
Manuel has basic health insurance including prescription drug coverage that starts January 1, but he has no vision or dental coverage. His coverage includes a $1,500 deductible, 80%/20% coinsurance, and a stop-loss point of $5,500. He goes to an urgent care center on New Year’s Day (thinking he has food poisoning from the oysters he ate on New Year’s Eve). Using Manuel's info from above, calculate the total amount he will have to pay for new glasses for the summer...
Sarah's comprehensive major medical health insurance plan at work has a deductible of $400. The policy pays 80 percent of any amount above the deductible. While on a hiking trip, she contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a six-day hospital stay, totaled $9,440. 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 $3,700. The policy with...