Question
You have a policy with a $1,000 deductible, 80/20 co-insurance, and a $7,500 maximum OOP. You become ill and are hospitalized for two days. The
You have a policy with a $1,000 deductible, 80/20 co-insurance, and a $7,500 maximum OOP. You become ill and are hospitalized for two days. The total cost for your treatment is $26,000. Answer the following questions.
- How much will you pay of the deductible?
- How much will you pay in co-insurance?
- What is the total OOP you will pay for this hospital visit?
- During the same policy year, you have an additional medical expense of $3,500. How much will you pay?
- What is your total OOP for the year-to-date?
- Later in the same policy year, you have a $5,000 charge for tests required after your previous hospital stay. How much will you pay?
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Energy And Finance Sustainability In The Energy Industry
Authors: André Dorsman, Özgür Arslan-Ayaydin, Mehmet Baha Karan
1st Edition
3319322664, 978-3319322667
