You were in an accident that required surgery and five days of recovery in the hospital. Your total hospital bill reache
Posted: Tue Apr 26, 2022 10:35 am
You were in an accident that required surgery and five days of
recovery in the hospital. Your total hospital bill reached
$100,000. At the time of your accident you had previously paid
nothing in health care costs for the year. Your health insurance
has a deductible of $1250 per year, a coinsurance rate for
hospitalization of 10%, and an individual out-of-pocket maximum
payment of $3500 for the year. How much must you pay out-of-pocket
for your care in this situation?
recovery in the hospital. Your total hospital bill reached
$100,000. At the time of your accident you had previously paid
nothing in health care costs for the year. Your health insurance
has a deductible of $1250 per year, a coinsurance rate for
hospitalization of 10%, and an individual out-of-pocket maximum
payment of $3500 for the year. How much must you pay out-of-pocket
for your care in this situation?