surgical treatment of a broken arm costs 16,911. You have a 1000 deductible and then your insurace will pay 85% of the remaining cost. Your insurance also has an out-of-pocket maximum charge of 3500. What is your cost?
Thank you for the opportunity to help you with your question!
So the Given are:
Deductible = $1000
Coinsurance = 85/15 (you will pay the 15%)
Out of Pocket Max : $3,500
1,000.00 = $15,911
x 15% = $2,386.65
you have to pay $3,386.65
out of pocket ($1000 deductible + $2,386.65 of coinsurance).
ANS : $3,386.65
Content will be erased after question is completed.
Enter the email address associated with your account, and we will email you a link to reset your password.
Forgot your password?