Question: please show the work Assignment 6.2 The Appendectomy SHOW YOUR CALCULATIONS In March you have an emergency surgery. You need to figure out your share
Assignment 6.2 The Appendectomy SHOW YOUR CALCULATIONS In March you have an emergency surgery. You need to figure out your share of the total medical ex- penses. Your annual health insurance premium costs you $450. Your insurance policy has a $500 annual deductible after which it pays 80% of the charges. Your maximum annual co-payment is $1,000. The total bill for surgery was $7,500 (hospital bill of $6,500 plus doctor bill of $1,000). 1. What is your maximum possible out-of-pocket cost per year? 2. What is your portion of the surgery costs and how much will the insurance company pay
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