Question

In: Advanced Math

With a certain medical insurance​ policy, the customer must first pay an annual ​$100 ​deductible, and...

With a certain medical insurance​ policy, the customer must first pay an annual ​$100 ​deductible, and then the policy covers 80​% of the cost of​ x-rays. The first insurance claims for a specific year submitted by a person are for two​ x-rays. The first​ x-ray cost ​$620​, and the second​ x-ray cost ​$960. How​ much, in​ total, will he need to pay for these​ x-rays?

Solutions

Expert Solution

Since, policy covers 80% of x-ray cost.

So, customer has to pay 20% of x-ray cost.

Total cost of two x-rays = $960 + $620 = $1580

So, amount to be paid by customer

=20% of $1580

= $(1580×20/100) = $316.

But ,$100 is deductible.

So, total cost to be paid by customer = $(316-100)

= $216. Ans.

Colby Messinger answered 2 years ago
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