Find the cost of each medical incident for the following plans. Assume that this is their first Incident of the year for each incident. Remember: You pay 100% of all claims until you reach your deductible. Then you pay your coinsurance until you hit your out of pocket maximum See the example in the first box. MAKE SURE IF, AFTER CALCULATIONS, YOUR TOTAL IS MORE THAN YOUR OUT OF POCKET MAX, THAT YOU JUST PUT THE OUT OF POCKET. THAT IS THE MOST YOU WOULD PAY Premium Monthly $600 High monthly, Low Deductible, Medium Coinsurance Type In Out Network Plan Coverage EXAMPLE Ambulance Ride $12,000 Deductible $250 Deductible $2500 Out of Pocket $3000 Out of Pocket $6000 Coinsurance 30% Coinsurance 30% Pay deductible ($250) Pay deductible ($2500) Left over $11,750 Left over $9500 You pay 10% of that You pay 10% of that 11,750 * 10% (0.1) = 1175 9500 * 10% (0.1) = 950 So you pay 250 (deductible) So you pay 2500 (deductible) + 1175 (coinsurance) +950 (coinsurance) = $1425 = $3450 - Carpal Tunnel $2900 Brain MRI $2500 Coronary Bypass $40,000 DEDUCTIBLE SHOULD BE MET Chest x-Ray $366 Gallbladder $94,897 Child Birth $4200 C-section birth $30,000 Appendix $15,000