The Tucker family has health insurance coverage that pays 70 percent of out-of-hospital expenses after a...

The Tucker family has health insurance coverage that pays 70 percent of out-of-hospital expenses after a deductible of $720 per person. If one family member has doctor and prescription medication expenses of $2,700, what amount would the insurance company pay?

Expert Solution

the amount that the insurance company must pay = 0.70*(2700 - 720)

the amount that the insurance company must pay = 1,386.00

jeff jeffy answered 2 years ago

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