Question
Peter and his wife, Donna, work for different employers. Both employers provide prescription drugs plans. Peters plan has a $50 single deductible and a $150
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Peter and his wife, Donna, work for different employers. Both employers provide prescription drugs plans. Peters plan has a $50 single deductible and a $150 family deductible, with a coinsurance factor of 90%. Donnas plan has a $50 single deductible and a $100 family deductible, with a coinsurance factor of 80%. Both plans have a COB clause. Peters birthday is March 20, 1976. Donnas birthday is January 10, 1979. Last year the family submitted the following claims for prescription drugs:
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In February, Peters claim for $300
-
In March, Donnas claim for $100
-
In September, daughter Maias claim for $500
How much will each plan reimburse them for Maias claim?
Peter and his wife, Donna, work for different employers. Both employers provide prescription drugs plans. Peters plan has a $50 single deductible and a $150 family deductible, with a coinsurance factor of 90%. Donnas plan has a $50 single deductible and a $100 family deductible, with a coinsurance factor of 80%. Both plans have a COB clause. Peters birthday is March 20, 1976. Donnas birthday is January 10, 1979. Last year the family submitted the following claims for prescription drugs:
-
In February, Peters claim for $300
-
In March, Donnas claim for $100
-
In September, daughter Maias claim for $500
How much will each plan reimburse them for Maias claim?
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
978-0538453257
