Body Text Heading 2 Healing Chapter 11 Homework Problems 1. Calculating the Effect of Inflation on Health Care Costs. As of 2009, per capita spending on health care in the United States was about $8,000. If this amount increased by 5 percent a year, what would be the amount of per capital spending for health care in 12 years (202072 1 2. Calculating the Amount of Reimbursement from an Insurance Company. The Kelleher family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a $1200 deductible per person. If one family member las doctor and prescription medication expenses of $2,100, what amount would the insurance company pay? 3. Comparing the Costs of a Regular Health Insurance Policy and an HMO. A health insurance policy pays 60 percent of physical therapy cost after a $200 deductible. In contrast, an HMO charges Sis per visit for physical therapy. How much would a person save with the HMO if he or she had 12 physical therapy sessions costing S60 cach? 4 Calculating the Cost of Health Care Coverage With and without a Stop Loss Policy. Sarah's comprehensive major medical health insurance plan at work has a deductible of S1500. The policy pays 85 percent of any amount above the deductible. While on a hiking trip, she contracted a rare bacterial disease. Her medical costs for treatment, including medicines, tests, and a six-day hospital stay, totaled $9,000. 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 $3,000. Was her friend correct? Show your computations. Then determine which policy would have cost Sarah less and by how much 5. Calculating the Amount of Disability Benefits. Georgia Braxton, a widow, has take-home pay of $850 a week. Her disability insurance coverage replaces 70 percent of her earnings after a four-week waiting period. What amount would she receive in disability benefits if an illness kept Georgia off work for 14 wecks? 6. Calculating the Cost of In-Network Care with a PPO. Stephanie was injured in a car accident and was rushed to the emergency room. She received stitches for a facial wound and treatment for a broken finger. Under Stephanie's PPO plan, emergeney room care at a network hospital is 80 percent covered after the member has met a $500 annual deductible. Assume that Stephanie went to a hospital within her PPO network. Het total emergency room bill was S1000 a. What amount did Stephanie have to pay b. What wount did the PPO cover? Foc