A patient is admitted for appendectomy. His PhilHealth will cover up to PHP 24,000. His entire hospital bill totals up to PHP 36,000. Considering that he has a deductible of Php 500 and a 5% co-insurance, what is the patient's total out-of-pocket expense?
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A patient is admitted for appendectomy. His PhilHealth will cover up to PHP 24,000. His entire hospital bill totals up to PHP 36,000. Considering that he has a deductible of Php 500 and a 5% co-insurance, what is the patient's total out-of-pocket expense?
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- A patient is admitted for appendectomy. His Health insurance will cover up to Php 24,000. His entire hospital bill totals up to Php 36,000. Considering that he has a deductible of Php 500 and a 5% co-insurance, what is the patient's total out-of-pocket expense?A patient's total surgery charges are $1,278. The patient must pay the annual deductible of $1,000, and the policy states a 80-20 coinsurance. What does the patient owe?A patient's total surgery charges are $1,278. The patient must pay the annual deductible of $1,000, and the policy states a 80-20 coinsurance. What does the patient owe? Explain
- You have a policy with a $1,000 deductible, 80/20 co-insurance, and a $7,500 maximum OOP. You become ill and are hospitalized for two days. The total cost for your treatment is $26,000. Answer the following questions. How much will you pay of the deductible? How much will you pay in co-insurance? What is the total OOP you will pay for this hospital visit? During the same policy year, you have an additional medical expense of $3,500. How much will you pay? What is your total OOP for the year-to-date? Later in the same policy year, you have a $5,000 charge for tests required after your previous hospital stay. How much will you payC.J Watson of Clemson, SC, recently had a surgery. His total bill for the surgery, which was his only health care expense for the year, came to $12,890. His health insurance plan has a $500 annual deductible and an 80/20 coinsurance provision (meaning CJ will only pay 20% of the costs). The coinsurance cap for CJ is $2,000. How much of the bill will CJ pay?Michael Howitt of Berkley, Michigan, recently had his gallbladder removed. His total bill for this surgery, which was his only health care expense for the year, came to $13,810. His health insurance plan has a $450 annual deductible and an 80/20 coinsurance provision. The cap on Michael's coinsurance share is $1,910. Round your answers to the nearest dollar. a. How much of the bill will Michael pay? b. How much of the bill will be paid by Michaels insurance?
- Markie is employed by Holy Cross as an ambulance driver with a salary of Php. 20,000 a month. In addition, he is given free meals with a monthly value of Php. 4,500 and living quarters within the hospital compound with an equivalent value of Php. 2,000 a month. The monthly taxable compensation income of Markie is: A. Php. 20,000 B. Php. 24,500 C. Php. 26,500 D. Php. 22,500Markie is employed by Holy Cross as an ambulance driver with a salary of Php. 20,000 a month. In addition, he is given free meals with a monthly value of Php. 4,500 and living quarters within the hospital compound with an equivalent value of Php. 2,000 a month. The monthly taxable compensation income of Markie is: A. Php. 20,000 B. Php. 24,500 C. Php. 26,500 D. Php. 22,500. AsapFinn Stone has a PAP with coverage of $15,000/$30,000 for bodily injury liability, $15,000 for property damage liability, $5,000 for medical payments, and a $1,000 deductible for collision insurance. How much will his insurance cover in each of the following situations? Will he have any out-of-pocket costs? Round the answers to the whole dollar, if necessary. Leave no cells blank, be sure to enter "0" wherever required. Finn loses control and skids on ice, running into a parked car and causing $3,635 damage to the unoccupied vehicle and $4,165 damage to his own car. Total paid by the insurance company: $ Finn's out-of-pocket costs: $ Finn runs a stop sign and causes a serious auto accident, badly injuring two people. The injured parties win lawsuits against him for $44,000 each. Total paid by the insurance company: $ Finn's out-of-pocket costs (for both victims): $ Finn's 18-year-old son borrows his car. He backs into a telephone pole and causes $1,300…
- The Tucker family has health insurance coverage that pays 65 percent of out-of-hospital expenses after a deductible of $1,360 per person. If one family member has doctor and prescription medication expenses of $4,000, what amount would the insurance company pay?John Bentley was in the hospital for 15 days, the total bill was $152,000. Then John spent an additional 10 days in rehab which cost $200 a day. John earns $2,700 a month John missed 1 month of work (23 days) John has health insurance from work with a $500 deductible and $1,500 coinsurance cap John has 1 month of sick days (23 days) No, long-tern heath care or disability income insurance How much of this person’s direct medical expenses was paid by the insurance company? What did they have to pay for the rehab? How much income was lost?John Klos was in the hospital for 15 days, the total bill was $152,000. Then John spent an additional 10 days in rehab which cost $200 a day. John earns $2,700 a month John missed 1 month of work (23 days) John has health insurance from work with a $500 deductible and $1,500 coinsurance cap John has 1 month of sick days (23 days) No, long-tern heath care or disability income insurance How much of this person’s direct medical expenses was paid by the insurance company? What did they have to pay for the rehab? How much income was lost?