The Tucker family has health insurance coverage that pays 80 percent of out-of-hospital expenses after a deductible of $1,000 pe

Question

2 years ago

14

r person. If one family member has doctor and prescription medication expenses of $2,200, what amount would the insurance company pay?

1 answer:

nekit [7.7K] · Answer 1 · 2023-09-06T08:15:59+03:00

The amount that the insurance company will pay is $960.

<h3>What is insurance?</h3>

.It should be noted that insurance simply means a way that's used to manage risk.

The amount after deduction will be:

= $2200 - $1000

= $1200

The amount that the company will pay:

= 80% × $1200

= $960

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