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.

Question

What was the company's payment?

What was Carol's total cost (ignoring the monthly premium)?

Answer 1

company paid .80(2300)-250
Carol paid 250+.20(2300)

Answer 2

WRONG