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c. The POS requires that the employee pay $30.64 per month to supplement the cost of the program with the companys payment. If Ron uses

c.

The POS requires that the employee pay $30.64 per month to supplement the cost of the program with the companys 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 network and pay 35 percent of all charges after he pays a $630 deductible. The POS will pay for 65 percent of those covered visits. 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 six times during the year at a cost of $105 for each visit. He also spent $71 and $95 on prescriptions during the year. Assume Ron visited a physician outside of the network plan but had his prescriptions filled at a network-approved pharmacy.

If Ronald selects the POS plan, what would his annual medical costs be?(Do not round intermediate calculations.Round your answer to 2 decimal places.)

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