Question

Carol Byrd gets a student rate of $30.00 a month. There is a $250 deductible; but no coinsurance payment. She recently received treatment for a covered condition. The bill was $2,300.00. Carol's insurance company provided payment of 80% of the bill less the deductible.
What was the company's payment? ________


What was Carol's total cost (ignoring the monthly premium)? ____________

Answer 1

Bill = $2,300 
Deductible = $250
$2,300 - $250 = 2050
Take 80% of $2,050
 80*2050 = $1640
Now $2050 - $1640 
Coral = $410.

Hope this helps :)

Answer 2

Answer: The company's payment was $1640,

and Carol's total cost was $410.

Step-by-step explanation:

since we have given that

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by

$\ 2300-\ 250\\\\=\ 2050$

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the company's payment is given by

$\frac{80}{100}\times 2050\\\\=0.8\times 2050\\\\=\ 1640$

And Carol's total cost after the payment of company is given by

$\ 2050-\ 1640=\ 410$

Hence, the company's payment was $1640,

and Carol's total cost was $410.