Roselyn had to undergo a major heart operation at Wellness Hospital. She was charged by the hospital amounting to a few thousand ringgits. The following are her hospital bills & medical insurance coverage amounts. Etika Insurance Berhad Item |Surgery Doctor Hospital Bill RM 12,000 RM 7,000 Coverage RM 10,000 RM 6,000 max RM 250 max per day with a total |of RM 6,000 per year Hospital Room RM 320 per day for 20 days Medical Supply & Ct- Scan Reasonable amount paid in full RM 3,500 Roselyn has recently paid RM1,800 for one-year insurance premium to Etika Insurance Berhad. a) COMPUTE: i. the total medical cost ii. the amount covered by the insurance policy ii. Roselyn's share of the cost of her treatment (excluding the yearly premium) b) DISCUSS and COMMENT whether it is good to take up such medical policy offered by Etika Insurance Berhad.

Roselyn had to undergo a major heart operation at Wellness Hospital. She was charged by the hospital amounting to a few thousand ringgits. The following are her hospital bills & medical insurance coverage amounts. Etika Insurance Berhad Item |Surgery Doctor Hospital Bill RM 12,000 RM 7,000 Coverage RM 10,000 RM 6,000 max RM 250 max per day with a total |of RM 6,000 per year Hospital Room RM 320 per day for 20 days Medical Supply & Ct- Scan Reasonable amount paid in full RM 3,500 Roselyn has recently paid RM1,800 for one-year insurance premium to Etika Insurance Berhad. a) COMPUTE: i. the total medical cost ii. the amount covered by the insurance policy ii. Roselyn's share of the cost of her treatment (excluding the yearly premium) b) DISCUSS and COMMENT whether it is good to take up such medical policy offered by Etika Insurance Berhad.

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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