Suppose you have $5,000 of health care expenses that are not covered by your basic health insurance. You have a major medical policy with $500 deductible and 20 percent coinsurance. What are your out-of-pocket expenses?
Answer to relevant QuestionsFor certain procedures, a fee-for-service plan agrees to pay the physician a UCR fee. What does UCR stand for and how is this fee determined? Discuss some disability income protection strategies that can help you cope with the erosion of benefits due to inflation. What is meant by managed care? Renewability and guaranteed insurability are not the same. Explain the difference. If a young family expects that its life insurance needs will increase in the near future, what policy options might they find desirable?
Post your question