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Question

Thomas receives a bill for $\$ 2700$ for an out-patient procedure at a local clinic. His health insurance has a $\$ 1500$ deductible and a $\$ 200$ co-payment for the procedure. The insurance company pays $80 \%$ of the remaining balance. How much of the cost does the insurance company cover? a. $\$ 2700$ b. $\$ 1500$ c. $\$ 800$

Solution

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Answered 2 years ago

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1 of 3If person $T$ obtained a bill of $\$2700$. And his insurance has $\$1500$ deductible and $\$200$ co-payment. How much does the insurance company cover the bill if they will pay $80$% of the remaining balance?

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