58.3k views
5 votes
You go to the emergency room on January 1, and your insurance requires a $250 deductible and 20% co-insurance from you. Your total emergency room bill is $1,250. How much do you have to pay? A. $200 B. $250 C. $450 D. $550

User Gdawg
by
7.9k points

2 Answers

6 votes

Answer: C

Step-by-step explanation:

Your total emergency room bill is $1,250.You have to pay $450 . 1250 - 250 =1000 , 1000*20% = 1000*0.20 = 200 , Total paid = 200+ 250 =450

User Kovacs Lorand
by
8.6k points
7 votes
I would say $450 because of the $1250, $250 is the deductible so has to be paid by you, and then of the $1000 remaining you have to pay 20% so 0.2 x 1000=$200 so the total is $250+$200=$450. Without the insurance you would have had to pay the full $1250 so you saved $800 by having the insurance.
User SecondLemon
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.