Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Financial Accounting Expert

Problem: Henry visited the doctor's office last week due to a persistent cough and complexity breathing. The bill has arrived and Henry can see which he was charged by his physician for the visit as well as radiology for x-ray of his lungs and the laboratory for tests on his blood sample. The combined fees billed for the visit, the x-ray and the lab tests are $475. With prior health care visits this year, Henry has already met his yearly deductible of $200 and has accrued $700 toward his co-insurance cap in previous bills he has paid.

Use the following information to compute the portion of the bill to be covered by Henry's insurance provider.

i) Annual deductible $200 (previously met)
ii) Co-insurance split 80/20 (insurance 80%/Henry 20%)
iii) Co-insurance cap $1,000 (before this visit, Henry had paid $700 in co-insurance so far this year)

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M94054

Have any Question? 


Related Questions in Financial Accounting

Need at least 750 wordsprepare and submit a report about

Need at least 750 words Prepare and submit a report about any government process which has been re engineered using IT like E-gate in the airport. Discuss the strategies of change management that you think was applied to ...

Robert wondered why he was always so stressed out when he

Robert wondered why he was always so stressed out when he was dealing with Lucas, the latest addition to his team. On the face of it, the new hire seemed very agreeable and supportive, but whatever interactions he had ha ...

Key assignment draftthe owners of the car wash have asked

Key Assignment Draft The owners of The Car Wash have asked you to prepare their tax return. Their financial statements are audited by a local certified public accountant (CPA) firm, and they have provided them to you as ...

Trust activities and fund issuesexercise 1a concerned

Trust Activities and Fund Issues Exercise 1 A concerned citizen provides resources and establishes a trust with the local government. What factors should be considered in determining which fund to report the trust activi ...

Assignmentalto company consists of the red river division

Assignment Alto Company consists of the Red River Division and the White Mountain Division. Red River produces and sells 100 pound bags of pottery clay which can either be sold to outside customers or to White Mountain. ...

Benoit company produces three products a b and c data

Benoit Company produces three products, A, B, and C. Data concerning the three products follow (per unit): Demand for the company's products is very strong, with far more orders each month than the company can produce wi ...

Journal entriesprepare the journal entries for the

Journal Entries Prepare the journal entries for the following: May 3 - Received cash from clients as advanced payment for services to be provided and recorded as unearned fees $4500 5. Received cash from clients on accou ...

Assignmentin a survey 24 it professionals in chicago were

Assignment In a survey, 24 IT professionals in Chicago were asked how much their annual salary was for the year 2012. The results are shown below: $109,000 $ 65,000 $ 65,000 $ 59,000 $ 180,000 $ 101,325 $ 130,000 $95,000 ...

1-describe in detail the guidelines used for leading

1-Describe in detail the guidelines used for leading decision group meetings. 2-Explain leadership in? self-managed teams and the differences between internal and external leadership roles.

Describe corporate espionagedefine at least three ways to

Describe Corporate Espionage. Define at least three ways to prevent it. Your paper should meet the following requirements: Be two to three pages in length

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen