question archive A patient has surgery for a knee replacement
A patient has surgery for a knee replacement
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A patient has surgery for a knee replacement. Operating room charges are $3,286.00, anesthesia is $1,554.80, charge for a hospital room for 3 days is $1,952.42 per day, medications total charges are $739.15. The insurance company pays $10,187.84
a. What is the balance the patient must pay?
b. What percent of the bill was paid by the insurance company?
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Answer:
a. Amount due = $1249.37
b. 89.07% of the bill was paid by insurance company
(a)
Total bill amount = summation of total expenses
Total bill amount = $3286.00+$1554.80+3× ($1952.42) +$739.15 = $11437.21
Amount paid by insurance company = $10.187.84
Amount due = $1249.37
Hence, patient must pay $1249.37 balance amount.
(b)
Percentage of amount paid by insurance company = (10187.84/11437.21) ×100% = 89.07%
Hence 89.07% of the bill was paid by insurance company.
