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:

a. Kim's annual premium plus deductible $____
b. The insurance company's payment of the medical expense. $____
c. Kim's total medical expenses divided by her premium plus deductible (to nearest hundredth). ____
d. Kim's medical expense less the insurance payment. $____
e. The percentage of her medical expense covered by insurance. % ____

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:

a. Kim's annual premium plus deductible $____ 
b. The insurance company's payment of the medical expense. $____ 
c. Kim's total medical expenses divided by her premium plus deductible (to nearest hundredth). ____ 
d. Kim's medical expense less the insurance payment. $____ 
e. The percentage of her medical expense covered by insurance. % ____

Angle · Answer

I think you can figure (a) out right?

Angle · Answer

then for (b)
the insurance only pays 80% of "the remaining expense"

the "remaining expense" = 2500 - (deductible) = 2500 - 500 = 2000
insurance pays = 2000*0.8 = 1600

ASIAX · Answer

right (a) is 790

ASIAX · Answer

@Ultrilliam can you help me finish this?

Ultrilliam · Answer

I'm unfortunately a bit preoccupied ATM; perhaps @Angle @Vocaloid could help you when they have time v.v

ASIAX · Answer

ok thanks

ASIAX · Answer

@Angle can you help me with part D & E?

Angle · Answer

D wants to know how much does Kim have to pay herself after all the insurance and stuff
which would be
2500 - 500 = 2000 - 1600 = 400

E ... 2500 - 400 = insurance covered
that number divided by 2500 = percent of how much the insurance covered