Kevin was paying $250 a month for his health insurance coverage that had a $200 deductible. He dropped that coverage for a $50-a-month policy with a $5,000 deductible. Assuming Kevin had no health care costs, how many months would it take Kevin to save enough with his high-deductible plan to pay for a possible $5,000 out-of-pocket expense?

Question

200*x=5000
2x=50
x=25

Is that correct?

Answer 1

Good job!