Question

the insurance company pays the forecast of 3900 prescriptions claims out of 4500 prescription claims submitted what is the rate of the claims paid expressed as a percent round to two decimal places

Answer 1

x=0.87

86.67% of prescription claims are paid

Explanation:

First we organize the data:

prescription claims submitted: 4500

Prescriptions: 3900

The rate of claims paid is calculated using the following formula:

`x =(Paid)/(Total)`

We know that:

`Paid = 3900\\Total = 4500`

So

`x =(3900)/(4500)`

`x =(39)/(45)`

`x =(13)/(15)`

13 prescription claims out of 15 are paid

x=0.87