Network for a medical procedure with a charge

Assignment Help Financial Management

Reference no: EM13943599

An HMO has a Point of Service (POS) option for its members, but will pay only 80 percent of approved charges. If a member goes out of network for a medical procedure with a charge of $2,000, of which $1,200 is approved, how much must the member pay?

Reference no: EM13943599

Questions Cloud

Morgan furniture company on an account : Master Designs Decorators issued an 180-day, 4% note for $76,800, dated May 14, 2016, to Morgan Furniture Company on an account.

The net community benefit expense : A hospital incurs $10 million of cost to treat Medicaid patients and receives $7 million in payment. Actual charges for these Medicaid patients were $20 million. The net community benefit expense that would be reported in Schedule H of IRS Form 990 w..

Saving for retirement : You want to begin saving for retirement. You expect to retire in about 45 years. You are confident you can maintain a contribution of $200 into a retirement account each month. The account earns an APR of 3.6%, compounded quarterly. a. How much will ..

Face value bonds of tim mcknight : The 11.7 percent, $1,000 face value bonds of Tim McKnight, Inc., are currently selling at $915.12. What is the current yield?

Network for a medical procedure with a charge : An HMO has a Point of Service (POS) option for its members, but will pay only 80 percent of approved charges. If a member goes out of network for a medical procedure with a charge of $2,000, of which $1,200 is approved, how much must the member pay?

Today to realize his retirement dream : For this problem, you will need to upload your word document or excel file to receive full or partial credit. Brothers, Mark and Mike Lalla want to plan for their retirement and need your advice. Both men will retire next year and thus will need the ..

Analysis report show with respect to net sales revenue : The following is summary of information presented on the financial statements of a company on December 31, 2015. Account 2015 2014 Net Sales Revenue $600,000 $500,000 Cost of Goods Sold 450,000 400,000 Gross Profit $150,000 $100,000 What would a hori..

Centralized control over disbursements is assisted : Centralized control over disbursements is assisted by which of the following cash management techniques?

Assume that an individual makes a down payment : The price of a new car is $20,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and secures financing for the balance at the rate of 6%/year compounded monthly. What will the interest charges be if she elects t..

User Account

All Pages