Magdalena Figueroa's covered medical care bills for a recent illness were $8,440.00. Her major medical policy had a coinsurance feature that paid 80% of all covered expenses above a $400 deductible. The amount paid by the major medical policy was what?

Respuesta :

jushmk
Medical bill = $8,440
Deductible = $400
Coinsurance plan = Medical policy 80% of all expenses above $400

Amount to pay = 400+ (8440-400)*20/100 = 400+1608 = $2,008
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