Question

Paco has a traditional health insurance plan. His deductible is $750. The level of co-insurance for his plan is 70/30 where 30 represents Paco’s portion. He also has a one-time co-payment of $20. If Paco incurs a $1,000 hospital bill, how much money will he owe out-of-pocket for the bill?

A) $845
B) $720
C) $545
D) $620

Answer 1

The correct answer is A.) $845. I passed my post-test with 100% on Plato, that's how I know it's right.