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Medical Insurance 7th Edition by Amy Blochowiak, Joanne Valerius, Nenna Bayes, Cynthia Newby
Edition 7ISBN: 978-1259683077Medical Insurance 7th Edition by Amy Blochowiak, Joanne Valerius, Nenna Bayes, Cynthia Newby
Edition 7ISBN: 978-1259683077 Exercise 12
Using Insurance Terms
Read the following information from a medical insurance policy.
A. What type of health plan is described: HMO, PPO, or indemnity?
B. What is the annual premium?
C. What is the annual deductible?
D. What percentage of preferred provider charges does the patient owe after meeting the deductible each year?
E. If the insured incurs a $6,000 in-network medical bill after the annual deductible has been paid, how much will the health plan pay?
Read the following information from a medical insurance policy.
A. What type of health plan is described: HMO, PPO, or indemnity?
B. What is the annual premium?
C. What is the annual deductible?
D. What percentage of preferred provider charges does the patient owe after meeting the deductible each year?
E. If the insured incurs a $6,000 in-network medical bill after the annual deductible has been paid, how much will the health plan pay?
Explanation
Verified
Verified
A. PPO
B. ...
Medical Insurance 7th Edition by Amy Blochowiak, Joanne Valerius, Nenna Bayes, Cynthia Newby
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