Life insurance

1. Michael has the Omnia Bronze medical insurance offered by Horizon Blue Cross Blue Shield of New Jersey. Click here for explanation of benefits. (This document is also available in FILES on Canvas) Based on the explanation of benefits, help Michael and Mary understand the following situations.

a. What would be the cost of an annual routine physical?

b. Max fractured his wrist and had to be taken to the Emergency room. If the total bill for treatment was $1500, how much would Michael have to pay from his pocket. Assume there were no other medical bills for the year.

c.For this question, assume this year the family has already incurred medical expenses of $14,300 (Not including premiums and penalties). They incur $1500 for a visit to a doctors office visit. The doctor was listed as a Tier 2 provider. How much will the insurance cover?