Question

The patient has a policy that requires a $20 copayment for an in-network visit due at the time of service. the policy also requires 30 percent coinsurance from the patient. today’s visit charges total $785. after subtracting the copayment collected from the patient, the medical insurance specialist expects a payment of what amount from the payer? what amount will the patient be billed?

Answer 1

Answer:

$229.50 will be charged to the patient. the payer will be charged  $535.50

Explanation:

785-20=765

765 x 30%= 229.50

765 - 229.50= 535.50