William Right broke his leg in an accidental fall. He has a deductible of $150 and a coinsurance payment equal to 20% percent of the cost less the deductible. The entire bill for medical services was $750.00.

How much did William pay? $

How much did the insurance company pay? $

Question

Mathematics

Guest

1 January, 02:08

William Right broke his leg in an accidental fall. He has a deductible of $150 and a coinsurance payment equal to 20% percent of the cost less the deductible. The entire bill for medical services was $750.00.

How much did William pay? $

How much did the insurance company pay? $

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Answers (1)

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Rodolfo Kline · Answer 1

We know that William paid his deductible that amount is the $150.

Then William paid 20 percent of everything else. That's 20 percent of (750 minus 150), it is equal to 150.

Then the insurance company paid 80 percent of (750 minus 250), it is equal to 480.

William Right broke his leg in an accidental fall. He has a deductible of $150 and a coinsurance payment equal to 20% percent of the cost less the deductible. The entire bill for medical services was $750.00.How much did William pay? $How much did the insurance company pay? $

William Right broke his leg in an accidental fall. He has a deductible of $150 and a coinsurance payment equal to 20% percent of the cost less the deductible. The entire bill for medical services was $750.00.

How much did William pay? $

How much did the insurance company pay? $