Benjamin Bradley has a health insurance plan with a $300 deductible. The plan covers 70% of his hospital charges. Following hosp
1 answer:
Answer:
Amount pay by Benjamin Bradley is $6955 .
Step-by-step explanation:
As given
Bradley's health care cost included $400 in physician visit co-payments, $150 in physical therapy co-payments, $325 in home health care co-payments, and a hospital bill of $20,475 .
Total cost of the bill = Physician visit payments + Physical therapy payments + Home health care payments + Hospital bill
Putting all the values in the above
Total cost of the bill = $400 + $150 + $325 + $20475
= $ 21350
Benjamin Bradley has a health insurance plan with a $300 deductible.
The plan covers 70% of his hospital charges.
As percentage is 100% .
Thus
Percentage of the hospital bill pay by Benjamin Bradley = (100 - 70)%
= 30%
30% is written in the decimal form .
= 0.30
Hospital bill pay by Benjamin Bradley = 0.30 × 21350
= $ 6405
As given
$250 hospital admission fee is not covered by his insurance.
Thus
Total amount pay by Benjamin Bradley = Hospital bill pay by Benjamin Bradley + Hospital admission fee + Deductible cost
Putting values in the above
Total amount pay by Benjamin Bradley = $6405 + $250 + $300
= $6955
Therefore the amount pay by Benjamin Bradley is $6955 .
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