II User pays ($) DELL Type here to search $500 ded plan Estimated medical costs ($) 0007 0009 000s 000 000€ 0001 009 +++ 000L 00 006 000z Joszz 000€ $1000 ded plan + 000 $2000 ded plan $500 ded plan 0009 the most for estimated medical costs of $3,000? health insurance plans with different deductibles. For which plan does the user pay The figure shows estimated medical costs versus what a user actually pays for three

II User pays ($) DELL Type here to search $500 ded plan Estimated medical costs ($) 0007 0009 000s 000 000€ 0001 009 +++ 000L 00 006 000z Joszz 000€ $1000 ded plan + 000 $2000 ded plan $500 ded plan 0009 the most for estimated medical costs of $3,000? health insurance plans with different deductibles. For which plan does the user pay The figure shows estimated medical costs versus what a user actually pays for three

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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I'm working on a project in accounting..I'm trying to figure out which expenses are considered medical... The Bryds had the following medical expenses for 2019: Medical insurance premiums....4500 Doctor bill for Sam incurred in 2018 and not paid until 2019...7600 Operation for Sam...8500 Prescription medicines for Sam....900 Hospital expenses for Sam....3500 Reimbursement from insurance company received in 2019.....3600 Also what is considered gifts to charity? What falls under that umbrella?
which of the following is not an example of a nontaxable fringe benefit? Emploven provided parkins of $120 per month. Dualica emploree discounts Group-term life insurance policy providing $100,000 of coverage Monthly employer provided transit benefit of $100.
How is the housing expense ratio calculated? The monthly PITI payment is divided by the borrower's monthly net income. The monthly PITI payment is divided by the borrower's monthly gross income. O The monthly PITI payment plus other monthly obligations are divided by the monthly gross income. The borrower's monthly gross income is divided by the monthly PITI payment.
How do I go about calculating pension payouts to determine a company's financial obligation? Additional info is below: Postretirement BenefitsPeyton Approved has revised its postretirement plan. It will now provide health insurance to retired employees. Management has requested that you report the short- and long-term financial implications of this. The company is currently employing 60, and actuaries estimate that the company has a pension liability of $107,041.70. The estimated cost of retired employees’ health insurance is $43,718.91. Prepare adjusting entries for the pension liability and the health insurance liability
Multiple statements. The following are account balances (in thousands) for Lima Health Plan. Prepare (a) a balance sheet and (b) an income statement for the year ended December 31, 20 X0. Givens (in '000s) Income tax benefit of operating loss $ 12,000 Net property and equipment Physician services expense $244,000 Premium revenue $225,000 Marketing expense $21,000 Compensation expense, $15,000 Interest income and other revenue, $9,000 Outside referral expense, $7,000 Medicare revenue, $160,000 Occupancy and depreciation expense $1,000 Medical claims payable, $57,000 Accounts receivable, $1,500 Emergency room expense, $24,000 Inpatient services expense $191, 000 Interest expense $1,000 Medicaid revenue $55,000 Stockholders' equity $71, 700 Cash and cash equivalents $127,000 Long-term debt $2,800 Other administrative expense $1,400
Data pertaining to the postretirement health care benefit plan of Sterling Properties include the following for 2021: Service cost Accumulated postretirement benefit obligation, January 1 Plan assets (fair value), January 1 Prior service cost-AOCI Net gain-AOCI (2021 amortization, $2) Retiree benefits paid (end of year) Contribution to health care benefit fund (end of year) Discount rate, 8% Return on plan assets (actual and expected), 10% Required: 1. Determine the postretirement benefit expense for 2021. 2. Prepare the appropriate journal entries to record the (a) postretirement benefit expense, (b) funding, and (c) retiree benefits for 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the postretirement benefit expense for 2021. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.) Postretirement benefit expense ($ in thousands) $ ($ in thousands) $ 136 700 30 none 100 88 200
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Laura was billed 1200 for a recent surgery. The patient has a $1500 deductible of which she has met 800additionher policy has 10% co-insurance How much will insurance pay? How much will Laura pay?
1. has After moving, a homeowner's annual insurance premium increased from $480 to $710 per year. Calculate the due if there are 3 months left in the additional amount policy year. pay when 2. State two additional costs that a purchaser may have to purchasing a new home. Explain what these additional costs are. Use the chart below. Additional Costs Explanations