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Mighty Machinery Company The Mighty Machinery Company Subscribes to the Healthy Family Medical

Question 55

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Mighty Machinery Company
The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, $350; employee with one dependent, $450; employee with multiple dependents, $550.
The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month $40 from an employee without dependents, $80 from an employee with one dependent, and $100 from an employee with multiple dependents.
The Healthy Family Medical Organization has a deductible of $300 per year for an employee with no dependents, $450 per year for an employee with one dependent, and $600 per year for an employee with multiple dependents. The organization pays 80% of all medical bills in excess of the deductible.
To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company.
-Refer to Mighty Machinery Company. Carlson, his spouse, and their son are covered by Mighty Machinery Company's health plan. Carlson's doctor bills totaled $2,350 last year. Compute Carlson's total medical costs for the year for premiums, deductible, and his percentage of covered medical bills.​

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