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Sheldon has a traditional health insurance plan. He has a $200 deductible. The level of co-insurance for his plan is 90/10, where 10 represents Sheldon’s portion. He does not have a co-payment. If Sheldon
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Sheldon has a traditional health insurance plan. He has a $200 deductible. The level of co-insurance for his plan is 90/10, where 10 represents Sheldon’s portion. He does not have a co-payment. If Sheldon incurs a $1,500 hospital bill, how much money will the insurance company pay for the bill?

User Neil Hibbert
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He has to pay the first $200. Then 10% of the remaining $1300. Which is another $130.
So the insurance company pays. $1170
Sheldon pays $330
Total $1500
User Sumit Deshpande
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6.3k points
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