Henry visited the doctors office last week because of a

Assignment Help Finance Basics

Reference no: EM13619975

Henry visited the doctor's office last week because of a persistent cough and difficulty breathing. The bill has arrived and Henry can see that he was charged by his physician for the visit as well as radiology for an x-ray of his lungs and the laboratory for tests on his blood sample. The combined fees billed for the visit, the x-ray, and the lab tests is $475. With previous health care visits this year, Henry has already met his annual deductible of $200 and has accumulated $700 toward his co-insurance cap in previous bills he has paid.

Use the following information to calculate the portion of the bill to be covered by Henry's insurance provider.
• annual deductible $200 (previously met)
• co-insurance split 80/20 (insurance 80%/Henry 20%)
• co-insurance cap $1,000 (before this visit, Henry had paid $700 in co-insurance so far this year)

Reference no: EM13619975

Questions Cloud

Ashes divide corporation has bonds on the market with 19 : ashes divide corporation has bonds on the market with 19 years to maturity a ytm of 11.0 percent and a current price of

If a stock is currently trading on the market for 27 its : if a stock is currently trading on the market for 27 its price one year ago was 20 and it just paid a dividend of 1.80

What will be the new required return for encore stock : in the world of trendsetting fashion instinct and marketing savvy are prerequisites to success. jordan ellis had both.

Which rate should the company use to discount capital : dale corporation has two independent projects in which it can invest. the initial cost of the project s is 26000 and

Henry visited the doctors office last week because of a : henry visited the doctors office last week because of a persistent cough and difficulty breathing. the bill has arrived

Select a foreign country and analyze its monetary system : select a foreign country and analyze its monetary system. research the countrys monetary system using at least five

A 25-year 1000 par value bond has an 85 annual coupon the : 1.whats the present value of a 4-year ordinary annuity of 2250 per year plus an additional 3000 at the end of year 4 if

Describe the circumstances that might create concern or : describe the circumstances that might create concern or wariness about a high margin business. provide a current or

Tester as a penetration tester you are hired as a : as a penetration tester you are hired as a consultant by a small- to mid-sized business that is interested in

User Account

All Pages