Mighty Machinery Company The Mighty Machinery Company Subscribes to the Healthy Family Medical

question 55

Short Answer

Mighty Machinery Company
The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, $350; employee with one dependent, $450; employee with multiple dependents, $550.
The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month $40 from an employee without dependents, $80 from an employee with one dependent, and $100 from an employee with multiple dependents.
The Healthy Family Medical Organization has a deductible of $300 per year for an employee with no dependents, $450 per year for an employee with one dependent, and $600 per year for an employee with multiple dependents. The organization pays 80% of all medical bills in excess of the deductible.
To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company.
-Refer to Mighty Machinery Company. Epstein and her spouse are covered by the company health plan. Last year their doctor bills totaled $320. Compute the amount Epstein paid for medical coverage and care last year for herself and one dependent.​

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Definitions:

Social Support

The perceived comfort, care, esteem, or help one receives from others, which plays a crucial role in psychological well-being and stress management.

Stress-Related Illnesses

Health problems that are directly or indirectly caused by stress, including psychological and physical conditions.

Wellness

An active process of becoming aware of and making choices toward a healthy and fulfilling life, encompassing physical, mental, and social well-being.

Long-Term Success Rates

Long-term success rates refer to the percentage of individuals or entities that achieve their goals or maintain desired outcomes over an extended period.