How much of this person’s direct medical expenses was paid by the insurance company? What did they have to pay for the rehab? How much income was los
How much of this person’s direct medical expenses was paid by the insurance company? What did they have to pay for the rehab? How much income was los
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter9: Insuring Your Health
Section: Chapter Questions
Problem 2FPE
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Question
John Bentley was in the hospital for 15 days, the total bill was $152,000.
Then John spent an additional 10 days in rehab which cost $200 a day.
John earns $2,700 a month
John missed 1 month of work (23 days)
John has health insurance from work with a $500 deductible and $1,500 coinsurance cap
John has 1 month of sick days (23 days)
No, long-tern heath care or disability income insurance
- How much of this person’s direct medical expenses was paid by the insurance company?
- What did they have to pay for the rehab?
- How much income was lost?
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