Question

In a 70%/30% (insurance/patient) insurance plan, how much would the patient be expected to pay of a $300 doctor bill?

Answer 1

In a 70%/30% insurance plan, the insurance company pays for 70% of the cost of a doctor's bill and the patient pays for the remaining 30%.

To find out how much the patient would be expected to pay of a $300 doctor bill, you would calculate 30% of the bill:

30% of $300 = (30/100) * $300 = $90

So the patient would be expected to pay $90 of the $300 doctor bill.