1. Danny has a doctor’s appointment. He must pay $15 when he checks in for his appointment. For the past year, he has paid $22 a month for insurance. Danny is 66 years old. Danny receives a bill in the mail for his appointment in the amount of $75. a. How much is the patient’s premium?
b. How much does the patient pay for this visit total (do not include the premium)?
c. What’s another type of insurance Danny may qualify for?
2. Mike is a military member with two small children. One baby has contracted pink eye from day care. Mike decides he would like to get both babies’ check out as a precaution.
a. Which insurance does his twins qualify for? __ Medical insurance
3. Lisa new insurance requires that she pay $500 before they will cover any medical expenses. $150 is deducted from her check each month. Lisa is late for her annual checkup but when she arrives, the clerk states she must pay $40 now. Lisa receives a bill in the amount of $898. Lisa is currently working for a large business.
a. How much is the patient’s deductible?
b. How much will the insurance company pay?
c. How much doe will the patient have to pay TOTAL for this visit?
d. Which type of insurance is best for Lisa?
4. Your insurance coverage is 80%-20 % because you work for a small company. Your deductible is $700. You are required to have an emergency surgery and your hospital bill is $2,111.
a. How much will you need to pay before your insurance will pay?
b. How much do you expect your insurance company to pay?
c. How much are you expected to pay TOTAL for this hospitalization?
d. Which type of insurance is best for your company?
5. Aging population, advancement in technology and medical lawsuits are responsible for Rising healthcare cost _.
6. James reading over his new insurance policy. He is going to have a procedure because he hurt himself on the job. The procedure will cost $2,300. There is a co-pay of $90. The annual deductible is $700, of which the patient has paid $80.
a. How much does the patient need to pay when he arrives at his appointment?
b. How much will the patient have to pay?
c. How much will the insurance company have to pay?
d. Which type of insurance is best for this patient?