Mary Elizabeth has Medicare Part B. Medicare requires a yearly deductible of$110.00. After the deductible has been met, Medicare's coinsurance is80/20. Mary Elizabeth has paid only$72.50toward her deductible. Today's bill is$115.00. How much will Mary Elizabeth be responsible for?

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 40P
icon
Related questions
Question

Mary Elizabeth has Medicare Part B. Medicare requires a yearly deductible of$110.00. After the deductible has been met, Medicare's coinsurance is80/20. Mary Elizabeth has paid only$72.50toward her deductible. Today's bill is$115.00. How much will Mary Elizabeth be responsible for?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
SWFT Individual Income Taxes
SWFT Individual Income Taxes
Accounting
ISBN:
9780357391365
Author:
YOUNG
Publisher:
Cengage
SWFT Comprehensive Vol 2020
SWFT Comprehensive Vol 2020
Accounting
ISBN:
9780357391723
Author:
Maloney
Publisher:
Cengage
CONCEPTS IN FED.TAX., 2020-W/ACCESS
CONCEPTS IN FED.TAX., 2020-W/ACCESS
Accounting
ISBN:
9780357110362
Author:
Murphy
Publisher:
CENGAGE L