Question

Consider a relatively simple health insurance plan with the following provisions. ofice visits require a co-payment of $40. Emergency room visits have a $325 co-payment. Surgica Expenses operations have a $1,400 deductible (the first $1,400 Is paid out of pocket). The monthly premium is $400. During a one-year perlod, somebody insured by this health Insurance has Fb. 18: Office visit the expenses shown to the right. Complete parts (a) and (b) below. Mar. 26.Emergency room Apr. 23: Otrice visit May 14: Surgery July 1: Office visit Sept. 23: Emergency room a. Determine the person's health care expenses for the year with the insurance policy. The person's health care expenses with the Insurance pollcy are s Type a whole number.) heath care expenses with the Insurance polloy are s b. Determine the person's health care expenses for the year without the insurance policy. The person's health care expenses without the insurance policy are s Type a whole number.)

Answer 1

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