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In: Accounting

Mr. Jones was diagnosed with needing treatment totaling $1637. His insurance plan will pay 80% of...

Mr. Jones was diagnosed with needing treatment totaling $1637. His insurance plan will pay 80% of Basic Restorative and 50% of Major Restorative. The fee for his Basic Restorative treatment is $725, and the fee for his Major Restorative treatment is $820. The remaining balance of his treatment is for Preventative dentistry, and it is paid for at a rate of 100% by the insurance company. Mr. Jones has agreed to pay 33% of his portion (the amount not covered by insurance) today and the balance next month. How much does he have to pay today?

a)135.3

b)185

c)61.67

d)92

e)370

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Expert Solution

ekkarill92 answered 2 years ago
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