Determine the? person health care expenses

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Consider a relatively simple health insurance plan with the following provisions. Office visits require a?co-payment of ?$20.Emergency room visits have a ?$270 ?co-payment. Surgical operations have a ?$1,000 deductible? (the first ?$1,000is paid out of? pocket). The monthly premium is ?$370. During a? one-year period, somebody insured by this health insurance has the expenses shown to the right. Complete parts?(a) and? (b) below.

Expenses Total Cost

Feb. 18 Office Visit $150

Mar. 26 Emergency Visit $580

Apr. 23 Office Visit $150

May 14 Surgery $6,500

July. 1 Office Visit $150

Sept. 23 Emergency Room $840

a. Determine the? person's health care expenses for the year with the insurance policy.

b. Determine the? person's health care expenses for the year without the insurance policy.

Reference no: EM131615575

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