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Jesse is a full-time employee at Los Pollos Hermanos, a fast-food restaurant chain that specializes in fried chicken. His health insurance plan includes a $1,000 annual deductible and 90% coinsurance. His maximum out-of-pocket is $4,000 per year. The plan year starts January 1 and ends December 31. The total monthly premium for this plan is $800 - Jesse pays $300 and his employer pays $500.
Problem 1: Three weeks after his bike accident, Jesse gets in a severe car accident and sustains multiple bone fractures and internal bleeding. He spends three days in the hospital. The total bill for the hospital is $35,000. How much does Jesse pay for this visit?
Financial Statement Analysis and Preparation
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Computation of Free Cash Flow
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