Ariana's health insurance policy includes a deductible of $1,250 and a coinsurance provision requiring her to pay 20 percent of all bills. Her total bill is $3,700. What is Ariana's total cost? {Do not round Intermediate calculations.) Imam _ Ronald Roth started his newjob as controller with Aerosystems today. Carole, the employee benets 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 Crosszlue Shield}. an HMO, and a PPO. Ronald needs to review the packet and make a decision on which health care program ts his needs. The following is an overview of that information. a. The monthly premium cost to Ronald for the Blue Crossz'Blue Shield plan will be $42.39. For all doctor office visitsI prescriptions, and major medical charges, Ronald will be responsible for 20 percent and the insurance company will cover 30 percent of covered charges. The annual deductible is $500. b. The HMO is provided to employees free of charge. The copayment for doctors' ofce visits and major medical charges is $10. Prescription copayments are $10. The HMO pays 100 percent alter Ronald's copayment. There is no annual deductible. c. The P05 requires that the employee pay $32.44 per month to supplement the cost of the program with the company's payment. If Ron uses health care providers within the plan, he pays the copayments as described above for the HMO. He can also choose to use a health care provider out of the service and pay 20 percent of all charges after he pays a $500 deductible. The P05 will pay for 80 percent of those covered visits. There is no annual deductible. Ronald decided to review his medical bills from the previous year to see what costs he had incurred and to help him evaluate his choices. He visited his general physician four times during the year at a cost of $134 for each visit He also spent $68 and $99 on prescriptions during the year. {For the purposes of the P05 computation, assume that Ron visited a physician outside of the network plan. Assume he had his prescriptions lled at a network-approved pharmacy). What total costs will Ronald pay if he enrolls in the HMO plan? Ronald Roth started his newjob as controller with Aerosystems today. Carole, the employee benets 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 Crosszlue Shield}. an HMO, and a PPO. Ronald needs to review the packet and make a decision on which health care program ts his needs. The following is an overview of that information. a. The monthly premium cost to Ronald for the Blue Crosstt'ue Shield plan will be $44.07. For all doctor ofce visits. prescriptions, and major medical charges, Ronald will be responsible for 15 percent and the insurance company will cover 85 percent of covered charges. The annual deductible is $250. b. The HMOis provided to employees free of charge. The copayment for doctors' ofce visits and major medical charges is $15. Prescription copayments are $15. The HMO pays 100 percent after Ronald's copayment. There is no annual deductible. c. The P05 requires that the employee pay $25.49 per month to supplement the cost of the program with the company's payment If Ron uses health care providers within the plan, he pays the copayments as described above for the HMO. He can also choose to use a health care provider out of the service and pay 15 percent of all charges after he pays a $400 deductible. The P05 will pay for 85 percent of those covered visits. There is no annual deductible for in-network charges. Ronald decided to review his medical bills from the previous year to see what costs he had incurred and to help him evaluate his choices. He visited his general physician ve times during the year at a cost of $135 for each visit He also spent $86 and $103 on prescriptions during the year. {For the purposes of the POS computation, assume that Ron visited a physician outside of the network plan. Assume he had his prescriptions lled at a network-approved pharmacy} If Ronald selects the P05 plan, what would his annual medical costs be? {Round your Intermediate calculations and final answer to 2 decimal places.) _
