Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 5 ( 1 point ) Retake question Skyler has a high - deductible health insurance plan. This is a plan that many younger workers

Question 5(1 point) Retake question
Skyler has a high-deductible health insurance plan. This is a plan that many younger workers take out who don't get insurance. hhrough their jobs. It typically has lower monthly premiums but a high deductible.
Skyler's monthly premiums are $252 per month. Her deductible is $7,300, she has a $15 copay for each doctor visit, and a 15% coinsurance once her deductible is met.
If Skyler goes to the doctors 1 times this year and her medical bills for the year total $1,800 How much will Skyler pay for health insurance this year? (Round your answer to the nearest whole dollar)
Your Answer:
Answer
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Finance: An Object-Oriented Approach In C++

Authors: Erik Schlogl, Dilip B. Madan

1st Edition

1584884797, 978-1584884798

More Books

Students also viewed these Finance questions

Question

Distinguish between intrinsic and extrinsic teleology.

Answered: 1 week ago