Maria Cardenas had a policy with a $500 deductible, which paid 80% of her covered charges less deductible. She?

Answers:25   |   LastUpdateAt:2019-03-01 05:23:58  

Question
PoPkiss
Asked at 2012-06-15 17:11:32
Maria Cardenas had a policy with a deductible of $ 500, which paid 80 % of covered expenses minus the deductible. She had medical expenses of $ 12,500. Calculate :

a . Company
payment____
b. 20% of Mary copayment___

c . Mary Cost___ total
Answer1BluebirdAnswered at 2012-07-16 13:20:02
Dont they teach arithmetic in elementary school ?

After she pays $ 500 for medical expenses during the year, the insurance pays 80 % of the cost of $ 12,500. I think I answered this question yesterday. 12,500 x 0.80 = 10,000. Then 12.500 to 10.000 = $ 2,500. So you pay $ 2500 and the insurance company pays $ 10,000.
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