Question

If a patient has a 75-25 percent co-insurance and a health care bill is 200 the insurance will pay for

Answer 1

150

Step-by-step explanation:

If the coinsurance percentage is 75 %, it means that the company will pay 750 dollars if the bill is 1000 dollars while the remaining bill due by the patient himself. So if the bill is 100 dollars, the insurance company pay 75 dollars so for 200 dollars bill the insurance company pays about 150 dollars at the percentage of 75. If the percentage increases, more payment is given by the insurance company and vice versa.