The question scenario is: Cost of care = $10,000 Annual deductible = $1000 Coinsurance = 20% Copayment = $20Catastrophic care threshold = $25,000 Previous out-of-pocket payment ($, this year) = 0 What is the out of pocketpayment in this scenario with different health insurance policies? Assume that copayments will not count towarddeductible but will count toward the maximum out-of-pocket (catastrophic care)threshold. And Explain your generalapproach. Use step-by-step if - then statements.

Scenario:• Cost of care: $10,000• Annual deductible: $1,000• Coinsurance: 20%• Copayment: $20•…

Answered: The question scenario is: Cost of care…

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter8: Managed Care

Section: Chapter Questions

Problem 6QAP

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