Question

What annual medical costs will ronald pay using the sample medical expenses provided if he were to enroll in the blue cross/blue shield plan?

Answer 1

incurred and to help him evaluate his choices. He visited his general physician four times duringthe year at a cost of $125 for each visit. He also spent $65 and $89 on prescriptions during theyear. Using these costs as an example, what would Ron pay for each of the plans describedabove? (For the purposes of the POS computation, assume that Ron visited a physician outside ofthe network plan. Assume he had his prescriptions filled at a network-approved pharmacy.)6. Evaluating Health Insurance Options. What annual medical costs will Ronald pay using thesample medical expenses provided if he were to enroll in BlueCross/Blue Shield plan?4 visits at $125 per visit; 2 each prescription at $69 and $89 respectively.His monthly premium would be constant at $42.32 as well as his $500 deductible.4 visits are $500 and the prescriptions would bring that total to…$658. He would beresponsible for 20% of this total, which is $131.60. His monthly premium and deductiblewould bring his total amount spent for the year at $1139.44.