Question: Plan B ( high deductible ) : Annual premium is $ 1 6 0 0 1 6 0 0 , deductible is $ 2 2

Plan
B(high deductible): Annual premium is
$16001600,
deductible is
$22002200
(for the year), and the co-payments are
$120120
for an emergency room visit,
$120120
for radiology procedures such as CT scans, and
$3030
for an office visit. The insurance covers
6060%
of all expenses after the deductible is met and your co-payments are subtracted.
Find the out-of-pocket expenses under each plan assuming that, in one year, you have one emergency room visit that costs
$33003300,
one annual check-up that costs
$400400,
and one CT scan that costs
$600600.

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