You have a prescription drug insurance plan with a $500 deductible, 25% coinsurance after the deductible, and an out of pocket maximum of $1,250. What would you owe in cost sharing if you had $2,075 of prescription drug claims during the year?

How can the  seven deadly sins of CRM failure  be used to manage post-pandemic shopping?

What approaches to healthcare reform are morally acceptable, economically effective, and politically feasible?

You start an insurance company as your first entrepreneurial venture after graduation.  Your main product line is malpractice insurance for dentists.  After exhaustive research, you learn that settling malpractice claims against careful dentists costs $2,000 and settling malpractice claims against reckless dentists costs $7,500.  Individual dentists know whether they are reckless or careful, and your research shows that approximately 20% of dentists are reckless. How much do should you charge for malpractice insurance to break even?

H applied for a individual major medical policy. When H filed a claim within the first year of coverage and the underwriter noticed that the H's age on the claim form was different than what was listed on the application. The insurer will take which of the following actions regarding H's claim?    A: Deny the claim and refund premiums    B: Deny the claim, cancel the policy and keep all premiums    C: Pay the claim in full and keep the policy as is    D: Adjust the claim benefit amount to the insured's correct age

what would be the advantages and disadvantages of privatizing medical centers?

Alana wishes to obtain auto insurance. She wants 100/300/100 liability coverage, $250 deductible collision and full coverage comprehensive. She lives in territory 2 and has been assigned to driver class 2 with a rating factor of 1.25. Based on Table 19-6 and Table 19-7, what would be her total premium, if her three-year-old car were in model class L? (Round your answer to the nearest cent.) a. $355.00 b. $365.00    c. $456.25 d. $465.38

How does the presence of asymmetric information in the used car market impact the behavior of buyers, sellers, and market outcomes?

Which of the following is NOT a healthcare good or service? A)Vaccine B)Patient advocate (social worker) C)Life insurance D)Privately purchased a knee brace

Sarah purchased an individual medical expense insurance policy that included a $250 deductible and an 80-20 coinsurance provision. She required medical care and the cost of the care provided was $40,750. How much of this amount must Sarah pay and how much will her insurer pay? How would your answer change if Sarah's policy included a $3,000 out-of- pocket limit that applied to coinsurance payments? . HINT (Coinsurance is calculated after you pay your deductible)