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)?
What was the company's payment?
What was Carol's total cost (ignoring the monthly premium)?
Answers
company paid .80(2300)-250
Carol paid 250+.20(2300)
Carol paid 250+.20(2300)
WRONG