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Please help my calculate the out of pocket expenses for 2006 and 20016. Below is a (simplified) chart describing the benefits of Medicare Part D
Please help my calculate the out of pocket expenses for 2006 and 20016.
Below is a (simplified) chart describing the benefits of Medicare Part D before and after the ACA was enacted. The ACA is intended to gradually close the donut hole by 2020; Trump's bill closed it starting s year2. Note that actual thresholds vary by which plan the enrollee chooses. Use the chart to answer the following questions: Janu 2006 $250 deductible Plan pays 75% of the cost between $250 and $2250 (coinsurance 25%) Plan pays 0% of costs between $2250 and $5100 Plan pays 95% of the costs greater than $5100 (coinsurance 5%) Janu 2016 $360 deductible Plan pays 75% of the cost between $360 and $2800 (coinsurance 25%) Plan pays 0% of the costs between $2800 and $4550 Plan pays 95% of the costs greater than $4550 (coinsurance 5%) b) Assume your grandparent has $5000 in prescription drug spending each year. Calculate her/his out-of- pocket expenses in January 2006 and in January 2016
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