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part 2 redo: Ariana’s health insurance policy includes an $850 deductible and a

ID: 2717290 • Letter: P

Question

part 2 redo:

Ariana’s health insurance policy includes an $850 deductible and a coinsurance provision requiring her to pay 20 percent of all covered bills. Her total bill is $4,800. What is Ariana’s total cost? (Do not round intermediate calculations.)

Total cost:

(last wrong answer was 790)

Ariana’s health insurance policy includes an $850 deductible and a coinsurance provision requiring her to pay 20 percent of all covered bills. Her total bill is $4,800. What is Ariana’s total cost? (Do not round intermediate calculations.)

Total cost:

(last wrong answer was 790)

Explanation / Answer

Total cost = deductible + (total bill - deductible)*%age payment to be made by the insurer

= 850 +(4800-850)*0.2 = $1640