Assume that you have a relatively simple health insurance plan with the following provisions:

The annual deductible is $500. The insurance company pays 100% of all costs after deductible and co-payments

Office visits require a co-payment of $25.

Emergency room visits have a $200 co-payment.

Surgical operations have a $1000 co-payment.

You pay a monthly premium of $350.

During a one-year period, your family has the following expenses:

February 18: Office visit $100 (total cost before insurance)

March 26: Emergency room $580 (total cost before insurance)

April 23: Office visit $100 (total cost before insurance)

May 14: Surgery $6500 (total cost before insurance)

July 1: Office visit $100 (total cost before insurance)

September: 23 Emergency room $840 (total cost before insurance)

Based on the above information, complete the following. Show your math calculations.

What is the current status of federal law in the U.S.A. regarding health insurance?

Has the law changed since the Affordable Care Act was passed in 2010? If so, explain.

Compare the U.S.A. health insurance coverage and health care federal laws to other developed, first-world countries like Canada, Australia, Japan, or Western Europe.

How do the U.S.A.'s health insurance coverage and federal laws affect the various strata (upper or higher income, middle-income, low-income) of the society?