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

Paperwrite a five- to seven-page financial statement

Paper Write a five- to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the Ashford Writing Center. In this analysis, you will discuss the financial health of t ...

Assignmentwrite a five- to seven-page financial statement

Assignment Write a five- to seven-page financial statement analysis of a public company, formatted according to APA style. Here is a breakdown of the sections within the body of the assignment: Company Overview Provide a ...

Assignmentat this point you have examined three years of

Assignment At this point you have examined three years of financial statements for your firm and produced a proforma statement. You have also determined their sustainable growth rate as well. You have also learned about ...

Noting discussion of supreme court decisions 1 meritor

Noting discussion of Supreme Court decisions: 1) Meritor Savings Bank v. Mechelle Vinson and 2) Oncale v. Sundowner Offshore, research both cases online and respond to the following questions. 1. Provide a paragraph summ ...

Accounting - financial statement projectobjectivethe

Accounting - Financial Statement Project Objective: The project is meant to show your ability to analyze financial statements of selected companies in depth on a particular accounting method or standard. Submission: Hard ...

Assignmentcvp and financial statements for a mega-brand

Assignment CVP and Financial Statements for a Mega-Brand Company Procter & Gamble Company is a Cincinnati-based company that produces household products under brand names such as Gillette, Bounty, Crest, Folgers, and Tid ...

1 wellplace hospital provides you with the following

1. Wellplace Hospital provides you with the following financial statements for 20X2 and 20X1: December 31 20X2 20X1 Cash $ 168 $ 211 Temporary investments 126 34 Receivables-patients, net 1,011 893 Inventory 296 315 Prep ...

Assignmentaug 1 purchased merchandise from arotek company

Assignment Aug. 1 Purchased merchandise from Arotek Company for $9,000 under credit terms of 1/10, n/30, FOB destination, invoice dated August 1. 4 At Arotek's request, Sheng paid $360 cash for freight charges on the Aug ...

Assignment performance measurement and variancesi thought

Assignment: Performance Measurement and Variances I thought the Internet would be an ideal way to distribute our products. We've had a lot of success with our direct sales, but now we can reach a much larger audience. Th ...

Assignmentbullnote some of the assessments in this course

Assignment • Note: Some of the assessments in this course build upon each other, so you are strongly encouraged to complete them in the order in which they are presented. For this assessment, you may use Word or Excel to ...

  • 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