Question

Your medical bill is $2345. Your health insurance covers 70% after a $120 deductible. What amount of the bill will you pay?

Answer 1

It is $787.50.

Answer 2

$2,345 - $120 = $2,225
After that we have to calculate 30 % of $2,225, because the health insurance covers 70 % ( 100 % - 70 % = 30 % ).
$2,225 * 30/100 = $667.50