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Answer the Question Determine Your Health-Care Expenses for the Year with and Without

Question 17

Multiple Choice

Answer the question.
-Assume that you have a health insurance plan with the following provisions: · Office visits require a copayment of $35
· Emergency room visits have a $450 deductible (you pay the first $450)
· Surgical operations have a $2500 deductible (you pay the first $2500)
· You pay a monthly premium of $400
During a one-year period, your family has the following expenses:  Expense  Total cost (before insurance)   Feb 18: Emergency room $740 Mar 13: Office visit $100 Apr 14: Surgery $8200 May 12: Office visit $120 Nov 23: Emergency room $1120\begin{array} { l l } \hline \text { Expense } & \text { Total cost (before insurance) } \\\hline \text { Feb 18: Emergency room } & \$ 740 \\\text { Mar 13: Office visit } & \$ 100 \\\text { Apr 14: Surgery } & \$ 8200 \\\text { May 12: Office visit } & \$ 120 \\\text { Nov 23: Emergency room } & \$ 1120 \\\hline\end{array} Determine your health-care expenses for the year with and without the insurance policy.


A) With policy $7210,without policy $10,680
B) With policy $11,610,without policy $10,820
C) With policy $8270,without policy $10,280
D) With policy $3870,without policy $10,280

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