Pocket cost to an individual whose health care policy

Assignment Help Financial Management
Reference no: EM131048088

What would be the out of pocket cost to an individual whose health care policy includes a 20% co pay for all long term illnesses? The policy has a stop loss provision of 40,000. A current long term illness has resulted in total expenses of 250,000.

Reference no: EM131048088

Questions Cloud

What is the yield on seven-year treasury note : The real risk-free rate is 3.05%. Inflation is expected to be 2.6% this year, 3.85% next year, and then 3.2% thereafter. The maturity risk premium is estimated to be 0.05(t - 1)%, where t = number of years to maturity. What is the yield on a 7-year T..
What is default risk premium on the corporate bonds : A company's 5-year bonds are yielding 9.65% per year. Treasury bonds with the same maturity are yielding 6.2% per year, and the real risk-free rate (r*) is 2.15%. The average inflation premium is 3.65%, and the maturity risk premium is estimated to b..
What is the default risk premium on the corporate bond : A Treasury bond that matures in 10 years has a yield of 4.25%. A 10-year corporate bond has a yield of 8%. Assume that the liquidity premium on the corporate bond is 0.3%. What is the default risk premium on the corporate bond? Round your answer to t..
Projection of expected revenues : The last section on Financial Projections should show a 5 year projection of expected revenues for Apple Inc. In addition, you should present some type of idea when BE (break-even) will take place. Companies that introduce new products generally do n..
Pocket cost to an individual whose health care policy : What would be the out of pocket cost to an individual whose health care policy includes a 20% co pay for all long term illnesses? The policy has a stop loss provision of 40,000. A current long term illness has resulted in total expenses of 250,000.
What was nnrs total investor-provided operating capital : NNR Inc's balance sheet showed total current assets of $1,875,000 plus $4,225,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $475,000 of accounts payable, $375,000 of 6% short-ter..
Discuss the types of funding sources and inventory policies : Discuss the types of funding sources and inventory policies that can be used to improve working capital, along with how accounts receivable policies can be improved to better manage working capital.
Overall concepts of various management functions : Develop an understanding of overall concepts of various management functions - Demonstrate knowledge of acquisition of information
Which is a prime determinant of master cartcarton size : Which of the following is a prime determinant of master carton size? When a company cross-docks products, the products are generally in storage for several days.

Reviews

Write a Review

Financial Management Questions & Answers

  How much will you have saved for retirement

You are 29 years old and decide to start saving for your retirement. You plan to save $5,000 at the end of each year (so the first deposit will be one year from now), and will make the last deposit when you retire at age 70. Suppose you earn 6% per y..

  What are your initial impressions of the country rankings

What are your initial impressions of the country rankings in the Doing Business study? What is unique to the top 10 countries according to the ease of doing business (EDB) scale, and what is unique to those countries to where EDB is highly unfavorabl..

  Yield to maturity remains unchanged

A bond has a par value of $1,000, a time to maturity of 15 years, and a coupon rate of 8.90% with interest paid annually. If the current market price is $890, what will be the approximate capital gain of this bond over the next year if its yield to m..

  What is the variable cost per hamburger

In a slow year, Deutsche Burgers will produce 3.4 million hamburgers at a total cost of $5.1 million. In a good year, it can produce 5.1 million hamburgers at a total cost of $5.7 million. What are the fixed costs of hamburger production? What is the..

  What is the amount of the principle of the swaps

A Korean bank’s balance sheet is the following. (Ignore other items.) If the company is afraidof depreciation of US dollar against KRW, what type of swap arrangement do you suggestwhen US interest rate is expected to be stable? What is the amount of ..

  Compute the annual financing cost of a loan

Determine the annual financing cost of a loan under this arrangement if Odessa borrows the following amounts $300,000 and $250,000.

  Project breakeven and profitability measures

Describe the following project breakeven and profitability measures. Be sure to include each measure's economic interpretation.

  Issued bonds with year maturity then and at coupon rate

Three years ago, JKL Co. issued bonds with a 15-year maturity then and at a coupon rate of 8.1 percent. The bonds make semiannual payments. If the YTM on these bonds is 9.3 percent, what is the current bond price? (Do not include the dollar sign ($).

  What are the weekly earnings for weekly sales

Shoe sales people earn a base salary of $400 a week with a commission of 10% on every sale above $6000 during that week. What are the weekly earnings for weekly sales of $4k and for weekly sales of 10k? SHOW WORK

  Calculate the estimated intrinsic value of the stock today

RT has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the market. As a result, RT is expected to experience a 15% annual growth rate for the next 5 years. Calculate the estimated intrinsic v..

  Expect spreads between corporate bonds-treasuries to widen

When the economy goes into a recession, do we expect spreads between corporate bonds and treasuries to widen or contract? Why?

  Identify a specific characteristic of american culture

In an essay, thoroughly discuss each chosen characteristic and explain its significance in the development of Western culture.

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