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Medical Insurance 7th Edition by Amy Blochowiak, Joanne Valerius, Nenna Bayes, Cynthia Newby
Edition 7ISBN: 978-1259683077Medical Insurance 7th Edition by Amy Blochowiak, Joanne Valerius, Nenna Bayes, Cynthia Newby
Edition 7ISBN: 978-1259683077 Exercise 20
Calculating Insurance Math
A. A patient's insurance policy states:
Annual deductible: $300.00
Coinsurance: 70-30
This year the patient has made payments totaling $533 to all providers. Today the patient has an office visit (fee: $80). The patient presents a credit card for payment of today's bill. What is the amount that the patient should pay?
B. A patient is a member of a health plan with a 15 percent discount from the provider's usual fees and a $10 copay. The day's charges are $480. What are the amounts that the HMO and the patient each pay?
C. A patient is a member of a health plan that has a 20 percent discount from the provider and a 15 percent copay. If the day's charges are $210, what are the amounts that the HMO and the patient each pay?
A. A patient's insurance policy states:
Annual deductible: $300.00
Coinsurance: 70-30
This year the patient has made payments totaling $533 to all providers. Today the patient has an office visit (fee: $80). The patient presents a credit card for payment of today's bill. What is the amount that the patient should pay?
B. A patient is a member of a health plan with a 15 percent discount from the provider's usual fees and a $10 copay. The day's charges are $480. What are the amounts that the HMO and the patient each pay?
C. A patient is a member of a health plan that has a 20 percent discount from the provider and a 15 percent copay. If the day's charges are $210, what are the amounts that the HMO and the patient each pay?
Explanation
Verified
Verified
A. 30% of $80, or $24
B. The discounted ...
Medical Insurance 7th Edition by Amy Blochowiak, Joanne Valerius, Nenna Bayes, Cynthia Newby
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