Question

Mary Cardenas had a policy with a $500 deductible. The company pays 80% of her covered charges less deductible. She had medical expenses of $12,500. Calculate: a. the company's payment b. Mary's 20% copayment c. Mary's total cost

Answer 1

Mary's total cost is $2400+$500=$2900.

Answer 2

a. the company's payment : $500

b. Mary's 20% copayment : $2,400

c. Mary's total cost : $2,900

Hope this helps :)