Suppose you are playing soccer and run head-on into the goalie. As a result of the collision you break your ankle. You are rushed to the emergency room, where the ER doctor resets it. You pay a $50 co-pay at the time of service, and the ER bills your insurance company for the rest. The total hospital bill is $5,280. The table below shows the payment structure for your health insurance policy. Not counting the co-pay that you already paid, how much should you expect to pay the hospital after the insurance company covers their portion? Co-pay for emergency room visit $50 Monthly premium 5200 Annual deductible 5750 Annual out-of-pocket max $5,000 Annual policy maximum $250.000 Percent covered after policy maximum reached 50% What are you responsible for paying? Use your guided notes for help. $280 $5,000 $750

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Suppose you are playing soccer and run head-on into the goalie. As a result of the collision.
you break your ankle. You are rushed to the emergency room, where the ER doctor resets
it. You pay a $50 co-pay at the time of service, and the ER bills your insurance company for
the rest. The total hospital bill is $5,280. The table below shows the payment structure for
your health insurance policy.
Not counting the co-pay that you already paid, how much should you expect to pay the
hospital after the insurance company covers their portion?
Co-pay for emergency room visit
$50
Monthly premium
$200
Annual deductible
$750
Annual out-of-pocket max
$5.000
Annual policy maximum
$250,000
Percent covered after policy maximum reached
50%
What are you responsible for paying? Use your guided notes for help.
A
$280
B
$5,000
$750
Transcribed Image Text:Suppose you are playing soccer and run head-on into the goalie. As a result of the collision. you break your ankle. You are rushed to the emergency room, where the ER doctor resets it. You pay a $50 co-pay at the time of service, and the ER bills your insurance company for the rest. The total hospital bill is $5,280. The table below shows the payment structure for your health insurance policy. Not counting the co-pay that you already paid, how much should you expect to pay the hospital after the insurance company covers their portion? Co-pay for emergency room visit $50 Monthly premium $200 Annual deductible $750 Annual out-of-pocket max $5.000 Annual policy maximum $250,000 Percent covered after policy maximum reached 50% What are you responsible for paying? Use your guided notes for help. A $280 B $5,000 $750
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