Insurance
Company Deductible Coinsurance Office Visit Annual Premium
AAA+ $2500 20% $25 $1883...
Mathematics, 09.11.2020 21:40 arodavoarodavo
Insurance
Company Deductible Coinsurance Office Visit Annual Premium
AAA+ $2500 20% $25 $1883
Health Today $500 20% $25 $2343.36
Best Insurance $5000 20% 20% after deductible $821.80
Formulas:
Insurer’s part of Medical Bill = (Bill – deductible) (80%)
Your part of medical bill = Total bill – Insurers part
• AAA+
Insurer’s Part of bill =(10,000-2500) ).80)=7500(.80)=$6,000
Your part of bill =10,000-6000=$4,000
• Health Today
Insurer’s Part of bill =
Your part of bill =
• Best Insurance
Insurer’s Part of bill =
Your part of bill =
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