Question

Kim Barney pays a $290.00 annual premium for an insurance plan with a $500 deductible. The company pays 80% of the remaining expense. If Kim had $2,500.00 in medical expenses, calculate the following:

Answer 1

So Far I've gotten these answers.are they correct?
a. Kim's annual premium plus deductible $ _790_
b. The insurance company's payment of the medical expense. $_1,600
c. Kim's total medical expenses divided by her premium plus deductible (to nearest hundredth). _3.16_
d. Kim's medical expense less the insurance payment. $______
e. The percentage of her medical expense covered by insurance. _20_%