Question

You pay $300 per month for your health plan. Comprehensive health care policies generally have a standard $25 co-pay for a doctor's office visit and $200 for an emergency room visit. Assuming you visit your doctor six times during the year and have one ER visit and no additional medical expenses, what is your total out-of-pocket cost for the year?

Answer 1

Answer:

$3,950 out of pocket cost for the year

Step-by-step explanation:

First, you have to multiply 300 by 12 to get how much you pay for your health plan in a year in total.

300 x 12  = 3600

Then, since you visited the doctor's office 6 times during the year, you multiply 6 by 25.

6 x 25 = 150

Next, you add 200 to 150 since you went to the ER one time.

200 + 150 = 350

Lastly, add 350 to the total.

350 + 3600 = 3950