Question: Chapter 9 Financial Planning Exercise 2 Out-of-pocket plan costs John Chang was seriously injured in a snowboarding accident that broke both his legs and an

 Chapter 9 Financial Planning Exercise 2 Out-of-pocket plan costs John Chang

Chapter 9 Financial Planning Exercise 2 Out-of-pocket plan costs John Chang was seriously injured in a snowboarding accident that broke both his legs and an arm. His medical expenses included 6 days of hospitalization at $1,300 day, $4,600 in surgical fees, $3,600 in physician's fees (including time in the hospital and follow-up office vists), 6589 in prescriation medications, and $2,900 for physical therapy treatments. All of these charges fall within customary and reasonable payment amounts John had an indemnity plan that pays 90 percent of his charges with a $500 deductible and a $5.000 stop-los provision, how much would be have to pay out-of- pocket Round to the nearest doll 5 . What would Johw's out-ofpocket expense bene belonged to an 10 with a 130 co pay for office Vists Round to the nearest con Monthly premiums we 4235 for the Inderroty plan and 5105 for the Most he had no other medical expenses this year, which plan would have provided more cont effective coverage for John Next Check My Workmore Chew Works remaining

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