Question
Problem 11-6 Calculating the Cost of In-Network Care with a PPO [LO11-3] Stephanie was injured in a car accident and was rushed to the emergency
Problem 11-6 Calculating the Cost of In-Network Care with a PPO [LO11-3] Stephanie was injured in a car accident and was rushed to the emergency room. She received stitches for a facial wound and treatment for a broken finger. Under Stephanie's PPO plan, emergency room care at a network hospital is 80 percent covered after the member has met a $350 annual deductible. Assume that Stephanie went to a hospital within her PPO network. Her total emergency room bill was $940. (a) What amount did Stephanie have to pay? (Do not round intermediate calculations.) Insured's cost (b) What amount did the PPO cover? (Do not round intermediate calculations.) Insurance payment
Problem 11-6 Calculating the Cost of In-Network Care with a PPO [LO11-3] Stephanie was injured in a car accident and was rushed to the emergency room. She received stitches for a facial wound and treatment for a broken finger. Under Stephanie's PPO plan, emergency room care at a network hospital is 80 percent covered after the member has met a $350 annual deductible. Assume that Stephanie went to a hospital within her PPO network. Her total emergency room bill was $940. (a) What amount did Stephanie have to pay? (Do not round intermediate calculations.) (b) What amount did the PPO cover? (Do not round intermediate calculations.)Step by Step Solution
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