Your prescription drugs cost $145 and your plan calls for a $25 copayment plus 10 percent...

Your prescription drugs cost $145 and your plan calls for a $25 copayment plus 10 percent coinsurance. How much will the prescription end up costing you?

Your cost $

How much will the insurance company end up paying?

Insurance company payment $

Expert Solution

Your cost = Copayment + (Total bill - copayment) x Coinsurance = 25 + (145 - 25) x 10% = $ 37

Insurance company payment $ = Total bill - what you pay = 145 - 37 = $ 108

jeff jeffy answered 2 years ago

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