The MacDonald family has health insurance coverage that pays 75 percent of out-of-hospital expenses after a $1,000
Question:
The MacDonald family has health insurance coverage that pays 75 percent of out-of-hospital expenses after a $1,000 deductible per person. Mrs. MacDonald incurred doctor and prescription medication expenses of $1,380. What amount would the insurance company pay?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (2 reviews)
Total expenses 1380 ...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
The Kelleher family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a $500 deductible per person. If one family member has doctor and prescription medication...
-
The Kelleher family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a $500 deductible per person. If one family member has doctor and prescription medication...
-
Beckys comprehensive major medical health insurance plan at work has a deductible of $770. The policy pays 80 percent of any amount above the deductible. While on a hiking trip, Becky contracted a...
-
You use the following data to calculate your stock value. Assume you use the historical geometric average growth rate (rounded to 2 decimals) for initial growth rate for 4 years. Then you believe it...
-
Robin Corporation has the following four items in its ending inventory Determine the final lower-of-cost-of-market inventory value for eachitem. NRV Less Normal Profit Margin $1,600 4,100 3,700 3,070...
-
A class of shares may include a combination of various rights and privileges. Name three examples of typical rights that may attach to a class of shares.
-
Use the DuPont equation to show how working capital policy affects a firms expected ROE. AppendixL01
-
Identify how the issues of due process and just cause are linked to employer disciplinary actions.
-
Kuhn Co. is considering a new project that will require an initial investment of $4 million. It has a target capital structure of 35% debt, 2% preferred stock, and 63% common equity. Kuhn has...
-
write a closed-research legal memo using the case cases given, addressing whether Mr. Adler can assert an adverse possession claim to Scrub Lot 40. Please write up your memo using the issue , brief...
-
Eugenio Costa, 65, received a 127-page booklet from Uncle Sam called Medicare and You 2021. It doesnt have much of a plot, but it might be the most important reading he does this year. For seniors or...
-
Erics Ford Mustang and Susans Toyota Prius are insured with the same insurance agent. They have 50/100/15 vehicle insurance coverage. The very week of the windstorm, Susan had an accident. She lost...
-
Johan Jordan owns a dress shop that has been very successful. He employs 3 sales associates who get paid $10 per hour for a 40-hour week. He decides to open up another dress shop on the other side of...
-
1. Mainland purchased a machine for $85,000 on 1 January 20x7 and assigned it a useful life for 10 years. On 31 March 20x9 it was revalued to $93,000 with no change in useful life. Complete the table...
-
Find the equation of the regression line and identify a characteristic of the data that is ignored by the regression line X 10 8 13 9 11 14 6 4 12 7 5 Y 7.46 6.77 12.74 7.11 7.81 8.84 6.08 5.39 8.15...
-
For each of the following independent cases, fill in the missing amounts in the table: (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable.) Case Direct Labor...
-
All views expressed in this paper are those of the authors and do not necessarily represent the views of the Hellenic Observatory or the LSE George Alogoskoufis Greeces Sovereign Debt Crisis:...
-
Current Attempt in Progress Nash Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,812,000 on March 1, $1,212,000 on June 1,...
-
Why might it be desirable to promote nucleation in a casting through inoculation or grain refinement processes?
-
Should U.S. antidumping laws be stated in terms of average total costs or average variable costs?
-
How are FICA taxes calculated? Is it possible to overpay them? If your answer is yes, what should you do?
-
Arrange the following items in their appropriate sequence according to the federal income tax formula: a. Adjusted gross income b. Adjustments to income c. Itemized deductions d. Tax credits e. Gross...
-
Chrissy, Jack, and Janet are friends. Jack and Janet have grown fond of each other and are thinking of marrying. Chrissy has told them, however, that if they do, their income taxes will increase....
-
Ch6) A firms operating income will be Select one: a. greater if higher-contribution-margin units are sold than lower-contribution-margin units. b. equal as long as total sales remain equal,...
-
Skymont Company wants an ending inventory each month equal to 23% of that month's cost of goods sold. Cost of goods sold for February is projected at $90,000. Ending inventory at the end of January...
-
ASSIGNMENT QUESTION PURPOSE The purpose of this assignment is to develop learners' ability to discuss the tax incentives given under the short-Term Economic Recovery Plan (PENJANA). REQUIREMENT...
Study smarter with the SolutionInn App