Ronaid started his new job as a controller with Aerosystems today. Carole, the employee benefits clerk, gave Ronald a packet that contained information on the company's health insurance options. Aerosystems offers its employees the choice between a private Insurance company pian (Blue Cross or Blue Shield), an HMO, and a PPO. Ronald needs to revew the packet and make a decision on which health care program best fits his needs. The following is an overview of that information. a. The monthly premium cost for Ronald for the Blue Cross or Blue Shield plan will be $48.32. For all doctor's office visits, prescriptions, and major medical charges, Ronald will be responsible for 20 percent and the insurance company will cover 80 percent of the covered charges. The annual deductible is $500 b. The HMOis provided to employees free of charge. The copayment for doctors' office visits and major medical charges is $25. Prescription copayments are $30. The HMO pays 100 percent after Ronald's copayment. There is no annual deductible. c. The POS requires that the employees poy $32.45 per month to supplement the cost of the program with the company's payment. if Ronald uses health care providers within the pian, he pays the copayments as described above for the HMO. He can also choose to use a health care provider outside of the service and pay 20 percent of the covered charges after he pays a $500 deductiole. The POS will pay for 80 percent of those covered visits. There is no annual deductible for in-network expenses. Ronaid decided to review his medical bills from the prevous year to see what costs he had incuirred and to help him evaluste nis choices. He visited his generai physician four times during the year at a cost of $223 for each vist. He also spent $67 and $90 on presciptions during the year f For the purposes of the Pos computation, sssume that Ronold visted o physicion outside of the network pian. Assume he nad his prescriptions filec ot a network-sporoved oharmacy. What annuai medical costs will Ronsid pay using the sample medical excenses provided if he were to enrollin the Blue cross or Bilue Sileidpian? Note: Round your intermediete celculetions end finel enswer to 2 decimel pieces