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Devon has a health insurance plan provided through his employer. Every month, $205 is taken out of his paycheck to cover his insurance premium. Devon gets really sick and needs to go to the doctor. It is his first visit for the new plan year. This initial visit cost him $55. During the examination, they swab his mouth to send to a lab for testing. The lab bills Devon $27. It is determined that he will need to get a tonsillectomy. The total cost of the procedure will be $3850. The pain medication will be a generic for $12.50. The follow-up visit after will be an additional $55. His deductible is $2,100. Devon’s co-insurance is 20%. His out-of-pocket maximum is $5,800.




How much will Devon pay out during one calendar year in premiums?


How much will Devon spend total on all his medical bills provided in the paragraph?


If all of this happens in one month, how much will Devon spend out including insurance?


How much more does Devon have to pay out-of-pocket before the insurance company begins paying out 100%?

Sagot :

In this question, it was necessary to add up all the expense taking into account its deductible, coinsurance and its maximum disbursed in a health insurance plan

Health insurance plan

  • How much will Devon pay over a calendar year in premiums? $2,460

  • How much will Devon spend in total on all of his medical bills provided in the paragraph? $3,999

  • If all this happens in a month, how much will Devon spend including insurance? $1,304.6

  • How much more does Devon have to pay out of pocket before the insurance company starts paying 100%? $1,099

With this information, we can conclude that it was necessary to add up all the expense taking into account your deductible, coinsurance and your maximum disbursed  in a health insurance plan.

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