Question

Marty makes $1,050 weekly working as a plumber. After being hit by a car, he requires back surgery. Marty is billed $145,000 for the surgery and $23,000 for follow-up care. He is unable to work for two years. How much money is John entitled to receive from his basic disability insurance?

Answer 1

Summing up all the expenses incurred for hospitalization (including the initial bill and the follow -up care) will give us an answer of $168,000. Then the amount that could have been earned by working for 2 years is calculated below.
(52 1/7 weeks / year)($1,050 / week)( 2 years) = $109,500
Adding this to the initial sum calculated.
total = ($109,500) + ($168,000) = $277,500