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QUESTION 1 John and Kim are married, however, they did not have health insurance for any of 2015. Their household income was $50,000. What is

QUESTION 1

John and Kim are married, however, they did not have health insurance for any of 2015. Their household income was $50,000. What is the penalty they will have to pay flat fee or percentage what is the dollar amount?

$588

$532

$675

$650

1 points

QUESTION 2

In March 2015 you have an emergency surgery. You need to figure out your share of the total medical expenses. Your annual health insurance premium costs you $450. Your insurance policy has a $1500 annual deductible after which it pays 70% of the charges (70/30). The total bill for surgery was $17,500. What is your portion of the surgery costs?

a.

$6,600 your total bill

b.

$4800 your total bill

c.

$6,300 your total bill

d.

$5100 your total bill

1.5 points

QUESTION 3

This is not your year. It is now June of the same year. Just after recovering from the surgery you are rushed to the hospital with a massive blood clot in your leg. The total bill this time comes to $4,000. All costs associated with treatment of the blood clot are covered under your health insurance policy.

How much of this $4,000 bill will you need to pay?

a.

$300 your total bill

b.

$0 your total bill

c.

$4,000 your total bill

d.

$1,500 your total bill

1.5 points

QUESTION 4

Had the bloodclot problem occured in February of the next calendar year, how much of the bill would you have had to pay?

$4,000

$0

$1,500

$2,250

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