Question
Becky's comprehensive major medical health insurance plan at work has a deductible of $460. The policy pays 75 percent of any amount above the deductible.
Becky's comprehensive major medical health insurance plan at work has a deductible of $460. The policy pays 75 percent of any amount above the deductible. While on a hiking trip, Becky contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a seven-day hospital stay, totaled $9,133. 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 $4,200.
Calculate the total amount Becky would pay under the current policy.(Do not round intermediate calculations. Round your answers to 2 decimal places.)
Becky co-insurance cost?
Deductible?
Total personal cost?
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