# Health Care Coverage Amounts, health and medicine homework help

Do the Math #1: Health Care Coverage Amounts.
Christina Haley of San Marcos, Texas, age 61, recently suffered a severe
stroke. She was in intensive care for 12 days and was hospitalized for
18 more days. After being discharged from the hospital, she spent 45
days in a nursing home for medically necessary nursing and
rehabilitative care.
Christina had a comprehensive health insurance plan
through her employer. The policy had a \$1,000 deductible, a \$50,000
episode limit, and a \$250,000 annual limit with an 80/20 coinsurance
clause with a \$2,000 coinsurance cap. Christina’s policy covered the
medically necessary services performed in a nursing home setting. Her
total bill was \$125,765.

• a) How much of Christina’s expenses was paid by her insurance policy?
• b) How much did Christina pay?

Do the Math #2: Health Care Coverage Amounts.
removed. His total bill for this event, which was his only health care
expense for the year, came to \$13,890. His health insurance plan has a
\$500 annual deductible and an 80/20 coinsurance provision. The cap on
Michael’s coinsurance share is \$2,000.

• a) How much of the bill will Michael pay?
• b) How much of the bill will be paid by Michael’s
insurance?

Do the Math #1: Life Insurance Needs for a Young Single. Andrew
Blake of Tuscaloosa, Alabama, is single and has been working as an
admissions counselor at a university for three years. Andrew owns a home
valued at \$156,000 on which he owes \$135,000. He has a two-year-old
vehicle valued at \$12,500 on which he owes \$8,000. He has
about \$3,800 remaining on his student loans. His
retirement account has grown to \$7,800, and he owns some stock valued at
\$4,400. He has no life insurance and is considering buying some. How