226k views
0 votes
During Zach’s first visit of the year he incurred a $500 bill. Who pays this bill

User Sssilver
by
5.5k points

2 Answers

1 vote
he payed the bill with ir
User Yueyanw
by
5.4k points
2 votes

Answer:

hi your question lacks some information here is the complete question:

Patient: Zach Green

Deductible: $750

Coinsurance: 80/20

Patient out-of-pocket expense maximum: $2000

During Zach’s first visit of the year he incurred a $500 bill. Who pays this bill

Zach will pay the $500 incurred from his out-of-pocket because it falls with the $750 deductible

Step-by-step explanation:

During Zach first visit of the year having a Deductible of $750 and out of pocket expense maximum of $2000. as long as the expenses incurred falls within his deductibles and the expense is not above his out-of-pocket expense Maximum, Zach will pay for it. This out-of-pocket payment will therefore reduce the amount in his deductible. because the payment will be deducted from his Initial deductible amount which was $750. but if the incurred bill is above the deductible amount the company will pay 80% of the excess as agreed in the coinsurance of 80/20.

User Verenice
by
5.6k points