Questions: This member calls and needs to know how much is remaining in their family out of pocket maximum for the year. What answer will you provide? Family 4,496.78

This member calls and needs to know how much is remaining in their family out of pocket maximum for the year. What answer will you provide? Family 4,496.78
Transcript text: This member calls and needs to know how much is remaining in their family out of pocket maximum for the year. What answer will you provide? Family $\$ 4,496.78$
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Solution

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Solution Steps

Step 1: Identify the Family Out of Pocket Maximum

The family out of pocket (OOP) maximum is $10,700.00.

Step 2: Determine the Amount Met by the Family

The amount already met by the family is $1,074.21.

Step 3: Calculate the Remaining Family Out of Pocket Maximum

Subtract the amount met from the family OOP maximum: \[ 10,700.00 - 1,074.21 = 9,625.79 \]

Final Answer

The remaining family out of pocket maximum for the year is $9,625.79.

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