Ariana’s health insurance policy includes a deductible of $1,500 and a coinsurance provision requiring her to...

Ariana’s health insurance policy includes a deductible of $1,500 and a coinsurance provision requiring her to pay 20 percent of all bills. Her total bill is $8,800. What is Ariana’s total cost?

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Expert Solution

ariana's total bills = 8800

less: ariana's health insurance deductibles = 1500

balance = 8800-1500 = 7300

coinsurance provision = 20% of bills i.e. 20% on balance = 20% of 7300 = 1460

then, ariana's total cost = 1460+1500 = 2960

ARIANA'S TOTAL COST = $2,960

jeff jeffy answered 1 year ago

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