Mary Hernandez had a policy with a $250 deductible which paid 80% of her covered charges less deductible. She had medical expenses of $18,240.00.

Calculate:

a. the insurance company's payment

b. the 20% copayment

c. Mary's total cost

Question

Clare

Mathematics

26 December, 02:58

Mary Hernandez had a policy with a $250 deductible which paid 80% of her covered charges less deductible. She had medical expenses of $18,240.00.

Calculate:

a. the insurance company's payment

b. the 20% copayment

c. Mary's total cost

+2

Answers (1)

Know the Answer?

Eve Marks · Answer 1

A. the insurance company's payment = $14,392

$18240 - $250 = 17990 x 80% = $14,392

b. the 20% copayment

17990 * 20% = $3598

c. Mary's total cost

$250 + $3598 = $3848

Mary Hernandez had a policy with a $250 deductible which paid 80% of her covered charges less deductible. She had medical expenses of $18,240.00.Calculate:a. the insurance company's paymentb. the 20% copaymentc. Mary's total cost

Mary Hernandez had a policy with a $250 deductible which paid 80% of her covered charges less deductible. She had medical expenses of $18,240.00.

Calculate:

a. the insurance company's payment

b. the 20% copayment

c. Mary's total cost