Reference no: EM13929500
MTOP Inc. offers its employees the choice between a private insurance company plan (Blue Cross/Blue Shield), an HMO, and a POS. Ronald needs to review the packet and make a decision on which health care program fits his needs.
The following is an overview of that information. Blue Cross/Blue Shield plan:
The monthly premium cost to Ronald will be $50. For all doctor office visits, prescriptions, and major medical charges, Ronald will be responsible for 20 percent of covered charges and the insurance company will cover the rest.
The annual deductible is $260. HMO Plan: The HMO is provided to employees free of charge. The copayment for doctors' office visits and major medical charges is $35. Prescription copayments are $15.
The HMO pays 100 percent after the Ronald's copayment. No annual deductible. POS Plan:
The POS requires that the employee pay $28.94 per month to supplement the cost of the program with the company's payment.
If Ron uses health care providers within the plan, he pays the copayments as described above for the HMO. He can also choose to use a health care provider out of the service and pay 15 percent of all charges after he pays a $350 deductible.
The POS will pay for 85 percent of those covered visits. No annual deductible. Ronald decided to review his medical bills from the previous year to see what costs he had incurred and to help him evaluate his choices. He visited his general physician 4 times during the year at a cost of $170 for each visit. He also spent $45 and $190 on prescriptions during the year. What annual medical costs will Ronald pay using the sample medical expenses provided if he were to enroll in the Blue Cross/Blue Shield plan?
(Round your answer to the nearest whole number. Do not include the comma, period, and "$" sign in your response.)
How are the criminal data at selected department collected
: Assignment Details: Choose a local, county, or state agency, and write a paper addressing the following topics: How are the criminal data at the selected department collected or captured and reported
|
What is the amount of each interest payment
: The semi annual 8 year bonds of alto music are selling at par and have an effective annual yield of 8.6285 percent. What is the amount of each interest payment if the face value of the bonds is 1000? How do you solve it on the calculator?
|
What is the bonds price
: Kane Corporation’s bonds pay coupon payments semi annually and have a $1,000 par value, a 11% coupon, 16 years to maturity, and an 14% YTM. What is the bond’s price?
|
High yield account
: Yolanda invests her $5,000 bonus into a high yield account that earns 6.7% simple interest. She wants to buy a Burmese Rabbit Hound with the money. The breeder told her that a puppy would cost $5,500. How long will Yolanda have to wait before she has..
|
Private insurance company plan-blue cross-blue shield
: MTOP Inc. offers its employees the choice between a private insurance company plan (Blue Cross/Blue Shield), an HMO, and a POS. Ronald needs to review the packet and make a decision on which health care program fits his needs. The monthly premium cos..
|
How many mm of the ribbon will you require
: How many grams of Mg must react with HCl in order to produce 40.0 ml of hydrogen gas at 22 degrees celsius and 1.02 bar? If the magnesium ribbon weighs 1.83mg/mm, how many mm of the ribbon will you require?
|
How latent heat is transferred from the earths surface
: Do the annual variations in Earth-Sun distance adequately account for seasonal temperature changes? Explain. Describe how latent heat is transferred from the Earth's surface (land-ocean) to the atmosphere
|
Propose a structure for this unknown carbohydrate
: When the carbohydrate is methylated (using methyl iodide and silver oxide) and then hydrolyzed with dilute HCl, the products are 2,3,4,6-tetra-O-methylgalactose and 2,3,4-tri-O-methylmannose. Propose a structure for this unknown carbohydrate.
|
Disability insurance coverage
: Georgia Braxton, a widow, has take-home pay of $635 a week. Her disability insurance coverage replaces 55 percent of her earnings after a 4-week waiting period. What is the total amount would she receive in disability benefits if an illness kept Geor..
|