MBA 620 Health Insurance Assignment Name: _________________________________ Rules - $500 individual deductible, $1000 family deductible, 80/20 Co-pay, $500 per person Wellness Benefit For this exercise, your individual deductible does not count toward your family deductible. Health Care Benefits Problems Determine how much the following doctors visits would cost you and the insurance company (assume that they happen in descending order. (25 points) Event and Cost Your Cost Insurance Cost #1 - Complete Physical $200 and Lipid profile $100. #2 - Chiropractic Therapy visit for you and your spouse $60 each #3 - Emergency Room visit and Surgery for your broken ankle - $5500 #4 - Doctors visit for your spouse’s bronchitis – $200 #5 - Doctors visit for your child’s bronchitis – $150 #6 - ER visit and 4-day hospital stay for your other child for pneumonia - $12,500 #7 - Chiropractic visit for you and your spouse $75 each #8 - Physical Therapy for your ankle – 10 visits at $150 each Total Costs MBA 620 Health Insurance Assignment Name: _________________________________ Rules - $500 individual deductible, $1000 family deductible, 80/20 Co-pay, $500 per person Wellness Benefit For this exercise, your individual deductible does not count toward your family deductible. Item Deductible Co-pay Insurance #1 #2 #3 #4 #5 #6 #7 #8 Totals Wellness Individual Deductible Family Deductible $500 $500 $1000