Health Care Event Protection
Christina Haley of Elko, Nevada, age 57, recently suffered a stroke. She was in intensive care for 3 days and was hospitalized for 10 more days. Her total bill for this care was $124,500. After being discharged from the hospital, she spent 25 days in a nursing home at a cost of $240 per day. Christina, who earns $4,500 per month, missed two months of work. Christina had a health insurance plan through her employer. The policy had a $1,000 deductible and an 80/20 coinsurance clause with a $2,000 coinsurance cap. She had also accumulated 21 sick days (equivalent to one month) at work. Otherwise she had no long-term care or disability income insurance. Round your answers to the nearest dollar.
How much of Christina’s direct medical expenses was paid by her insurance policy?
$
What did Christina have to pay for her nursing home care?
$
How much income did Christina lose?
$