Will Medal And Fan!!
Sheldon has a traditional health insurance plan. He has a $200 deductible. The level of co-insurance for his plan is 90/10, where 10 represents Sheldon’s portion. He does not have a co-payment. If Sheldon incurs a $1,500 hospital bill, how much money will the insurance company pay for the bill?

Question

Will Medal And Fan!!
Sheldon has a traditional health insurance plan. He has a $200 deductible. The level of co-insurance for his plan is 90/10, where 10 represents Sheldon’s portion. He does not have a co-payment. If Sheldon incurs a $1,500 hospital bill, how much money will the insurance company pay for the bill?

anonymous · Answer

@Directrix

anonymous · Answer

@princeharryyy

directrix · Answer

I have to think about this.

anonymous · Answer

the answers are a. $1,170 b. $1,350 c. $1,150 d. $970 i got c and it said it was wrong

directrix · Answer

$1500 -  $200 deductible = 1300. Then he has to pay 10% of that or $130.

$1300 - 130 = $1170

Let me check that.

directrix · Answer

I assume that the $200 deductible comes off the top, the $1500 before taking the additional 10% he has to pay.

directrix · Answer

After Sheldon pays his part, the insurance company pays $1170.