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Bayside Insurance offers two health plans. Under plan A ,Giselle would have to pay the first $190 of her medical bills,plus 30%...Asked by tara lee
Bayside Insurance offers two health plans. Under plan A Gisielle would pay the first $110 of her medical bills plus 30% of the rest. Under plan B, Gisielle would pay the first $250, but only 20% of the rest. For what amount of medical bills will plan B save Giselle money? Assume she has over $250 in bills. (I get to where I almost have it but it is still wrong.)
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Answered by
Reiny
let the medical bills be x
Plan A : Cost = .3x + 110
Plan B : Cost = .2x + 250
.3x + 110 = .2x + 250
.1x = 140
x = 1400
They are equal at $1400, can you figure out which is best over $1400 ?
Hint: try both equations using 1500
Plan A : Cost = .3x + 110
Plan B : Cost = .2x + 250
.3x + 110 = .2x + 250
.1x = 140
x = 1400
They are equal at $1400, can you figure out which is best over $1400 ?
Hint: try both equations using 1500
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