Calculate contractual allowance

Assignment Help Business Economics
Reference no: EM131169543

Helen has a hospital bill of $14,000. 90% of the bill is allowable under her insurance. She has an $800 deductible with a 15% coinsurance. Calculate a) Contractual Allowance; b) the amount paid by the insurance company and c)the amount that Helen must pay.

Reference no: EM131169543

Questions Cloud

Discuss which of these the fed exercises control over : Explain briefly how a change to the following MS, MD, or P (ceteris paribus) would shift the LM function to the right. Include in your discussion whether the variable would have to increase or decrease to cause the rightward LM shift. Discuss which o..
What can management do to fight this discrimination : There have been many media reports regarding the rise of discrimination against Arab-Americans in the United States since the 9/11 Terrorist Attacks. What can management do to fight this discrimination, and what must organizations do by law to fight ..
Freely trading in differentiated products : Consider two countries that are freely trading in differentiated products. Each producer in the industry is subject to increasing returns to scale, derived from fixed costs of production. In particular, the cost function of a firm in the industry is ..
Who needs to buy insurance the most : Bob and Terri each make $40,000 per year and have $5,000 cash in the bank. Bob has a risk of loss of $2,000 (30%), $3,000 (30%) and $0 (50%). Terri has a risk of loss of $300 (40%), $40,000 (5%) and $0 (55%). Who needs to buy insurance the most? Calc..
Calculate contractual allowance : Helen has a hospital bill of $14,000. 90% of the bill is allowable under her insurance. She has an $800 deductible with a 15% coinsurance. Calculate Contractual Allowance, the amount paid by the insurance company and the amount that Helen must pay.
Measurement of the countries average standard of living : An inexperienced researcher wants to examine the average standard of living in two countries. In order to do so he compares the GDP's in those two countries. What are two reasons this comparison does not lead to an accurate measurement of the countri..
Real wage rate over the course of the business cycle : Explain why relatively flat as opposite relatively steep labor demand curves are more consistent with the empirical observation that there are relatively minor changes in the real wage rate over the course of the business cycle.
Clause contravenes strong public policy : AOL, LCC, mistakenly made public and personal information of 650,000 of its members. The members filed a suit, alleging violations of California law.  California courts have declared in other cases that the AOL clause contravenes a strong public poli..
Eastman credit union with an initial deposit : On December 20, 1989, Dixon opened an account at the Eastman Credit Union with an initial deposit if $1000.00. On February 20, 1990, he deposited an additional $1000.00. If the credit union pays 12% interest compound monthly, how much will be in the ..

Reviews

Write a Review

Business Economics Questions & Answers

  Define the two general types of economic systems

The two general types of economic systems that exist today are A. market systems and capitalism. B. laissez-faire systems and pure command systems. C. market systems and command systems. D. socialism and central planning.

  Part a1 economics is the study of the principles

part a1. economics is the study of the principles governing the allocation of scarce means among competing ends when

  What is slope of budget constraint-Find the optimal X and Y

Gene has the following utility function: U = XY + 2Y, the Px = $4, the Py = $1 and I=$6.  Is the MRSx,y increasing, decreasing, or constant with respect to X? What is the slope of the budget constraint? Find the optimal X and Y.

  Illustrate what economic decision makers determine demand

Illustrate what economic decision makers determine the demand for labor. What is their goal, and what decision criteria do they use in trying to reach that goal.

  Discuss each of the pricing strategies

Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits?

  Product to market before spyder finalizes production plans

You are the manager of Taurus Technologies, and your sole competitor is Spyder Technologies. The two firms’ products are viewed as identical by most consumers. However, by making an unrecoverable fixed investment of $200, Taurus Technologies can brin..

  The largest proportion

The largest proportion of M1 is made up of

  Q1 1 herzberg concluded that pay was not a motivator if you

q1. 1. herzberg concluded that pay was not a motivator. if you were paid to get better grades would you be motivated to

  Identify the biggest beneficiary of the primary market

Identify the biggest beneficiary of the primary market (of the multi-sided network effects) for the Windows Operating System. Support your choice (75 words max) by identifying the nature of the value(s) of this network effect

  Qsuppose there are two types of workers high ability and

q.suppose there are two types of workers high ability and low ability. the training program costs 15000 per year for

  What was the accounting profit for the new business

Tomas quit his job at the Tri-City bank where he earned $50,000 a year to start his own businesses, a bank marketing company. He estimates his entrepreneurial talent or forgone entrepreneurial income to be $5,000 a year. What was the accounting profi..

  Why was it more common for railroads and timber companies

Why was it more common for railroads and timber companies to provide health insurance in the early 1900s then for textile mills or accounting firms?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd