Health Insurance Plan Deductible $3,000 Co-insurance 20% Out-of-pocket $6,000 max Emergency copay Primary copay A. $3,560 C. $4,000 $400 $40 How much money will a patient using this insurance plan have to pay for a $4,200 medical bill from an emergency room visit? B. $3,160 D. $640
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How much money will a patient using this insurance plan have to pay for a $4200 medical bill?
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- You have a 70/30 medical insurance policy with a $1,500 premium and an $850 deductible. You had major surgery totaling $64,200. How much will you have to par for this bill? Max out of pocket is $9100. Group of answer choices $19,005 $19,260 $9100 $19,855Auto insurance options offered by AA Auto Insurance are outlined in the table below. What monthly payment would you expect for an insurance polier through A Auto Insurance with the following options? Bodily Injury: S50/100,000 Property Damage: $100,000 Collison: S100 deductible Comprehensive: $100 deductible a.$845 b. $350 c. $7O d. $67EPAZRH5EAXOYFIIRsziehHIkYuNr/view Library Catalog 4. MCPL Website Readers' Café helpAsked 6 minu... Seniors Justin receive 10, 000 from a life insurance policy. He uses the fund to purchase two different annuities, each costing 5,000. MacBook Pro Teensite — The first annuity is a 30-year annuity-immediate paying 4X per year to himself. The second annuity is an 10-year annuity-immediate paying 7X per year to his son. Both annuities are based on annual effective interest rate of i, i > 0. Determine i. C
- Find the following: (Round your answer to the nearest cent.) Value of Property Amount of Insurance Kind of Policy Actual Fire Loss Amount Insurance Company will Pay $300,000 $200,000 80% Coins. $160,000215T 55209796/chapter/6/section/1 ntitative Reasoning I home > 6.1: Personal finance E zyBo Monthly, Val's net earnings are $4,500, and expenses are $4,000. How much should Val have in savings for a 3-month emergency fund? $ Ex: 12345 : 2. Check Next Provide feedback assignment: Wk 5 - Readings and Assignments [due Mon] EST 29/1A company is considering two insurance plans with the following types of coverage and premiums: Plan A Plan B $27,000 $34,000 $182,000 $140,000 Monthly Premium $80 $69 Fire/Theft Liability Premiums are sold in units. For example, one can buy one unit of plan A insurance for $80 per month and receive $27,000 in Fire/Theft insurance. Two units of plan A insurance cost $160 per month and give $54,000 in Fire/Theft insurance. The company wants at least $718,000 in coverage for Fire/Theft insurance and $3,948,000 in coverage for liability insurance. How many units of each plan should be purchased to meet the needs of the company while minimizing cost? The company should purchase units of plan A and units of plan B. What is the minimum monthly premium for the company? $
- A company is considering two insurance plans with the following types of coverage and premiums: Plan A Plan B Fire/Theft $26,000 $33,000 Liability Monthly Premium $80 $177,000 $139,000 $72 Premiums are sold in units. For example, one can buy one unit of plan A insurance for $80 per month and receive $26,000 in Fire/Theft insurance. Two units of plan A insurance cost $160 per month and give $52,000 in Fire/Theft insurance. The company wants at least $774,000 in coverage for Fire/Theft insurance and $4,070,000 in coverage for liability insurance. How many units of each plan should be purchased to meet the needs of the company while minimizing cost? The company should purchase units of plan A and What is the minimum monthly premium for the company? $ units of plan B.(1 point) A company is considering two insurance plans with the following types of coverage and premiums: Plan A Fire/Theft Liability Monthly Premium Plan B $25,000 $35,000 $195,000 $138,000 $75 $70 Premiums are sold in units. For example, one can buy one unit of plan A insurance for $75 per month and receive $25,000 in Fire/Theft insurance. Two units of plan A insurance cost $150 per month and give $50,000 in Fire/Theft insurance. The company wants at least $900,000 in coverage for Fire/Theft insurance and $4,995,000 in coverage for liability insurance. How many units of each plan should be purchased to meet the needs of the company while minimizing cost? The company should purchase units of plan A and What is the minimum monthly premium for the company? $ units of plan B.Standard Insurance is developing a long - life insurance policy for people who outlive their retirement nest egg. The policy will pay out $240 comma 000240,000 on your 82 nd82nd birthday. You must buy the policy on your 65 th65th birthday. The insurance company can earn 55% on the purchase price of your policy. What is the minimum purchase price the insurance company should charge for this policy? Question content area bottom Part 1 What is the minimum purchase price the insurance company should charge for this policy?
- 9. If your medical insurance policy has a $200 deductible and a 100 percent co-payment, how much will you pay on a medical bill of $1,000? (? 10. Co-insurance reduces adverse selection. True or false, explain (: 1Document1 - Word References Mailings Review View Help Search A A Aa A E E E EE AaBbCcDd AaBbCcDd AaBbC AaBb AaBbCcD. AaB A D A v AaBbC 三三、 、田 1 Normal 1 No Spac. Heading 1 Heading 2 Heading 3 Title Subtit Paragraph $1 Styles 11) Jennifer's pension plan is an annuity with a guaranteed return of 5% per year (compounded monthly). She can afford to put $300 per month into the fund, and she will work for 45 years before retiring. If her pension is then paid out monthly based on a 20- year payout, how much will she receive per month? (Round your answer to the nearest cent.) 2$ 12) n chows annual rates for yarjous types of loans in 2015. Assume monthlyFind the following: (Round your answer to the nearest cent.) Face Value Age and Sex of Insured Type of Insurance Annual Premium $26,000 37F Straight Life