Your employer offers two health plan choices and requires that employees pay part of the premium cost. The fee-for-service option will cost you $320 per month for single coverage, does not cover preventive care, and imposes a $520-per-person annual deductible and 20 percent coinsurance to a limit of $2,220. The fee-for-service plan also covers prescription drugs after a copay of $30 per prescription. The managed care option (an HMO) will cost you $420 per month, covers all medical services (including preventive care and prescription drugs), and requires a $20 copay for each office visit or prescription. Over the course of a year, if you have an annual physical ($420), visit the doctor twice for illness ($50 per visit), and incur prescription drug costs of $500 (10 prescriptions at $50 each), how much would your out-of-pocket expenses be under both the fee-for-service plan and the managed-care option?