Ask Question
Today, 10:46

Oliver injured his leg while playing football. Fortunately, he has a health insurance policy. He has a deductible of $2,000, and he must pay 20% coinsurance with his health insurance plan. His medical bill is $3,500. If Oliver has paid $1,000 of his deductible so far this year, he will have to pay $ out of pocket

+3
Answers (1)
  1. Today, 13:52
    0
    The Answer is:

    Step-by-step explanation:

    First, find the 20% that he must pay:

    $3,500 *.20 = $700.

    The remaining balance is:

    $3,500 - $700 = $2,800

    He already paid $1,000 of his deductible of $2,000. He has $1,000 left to pay.

    Add that to the $700 to get:

    $1,000 + $700 = $1,700 out of pocket.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Oliver injured his leg while playing football. Fortunately, he has a health insurance policy. He has a deductible of $2,000, and he must ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers