Question

the insurance company pays the forecast of 3900 prescriptions claims out of 4500 prescription claims submitted what is the rate of the claims paid expressed as a percent round to two decimal places

Answer 1

Answer:

x=0.87  or   86.67%

13 prescription claims out of 15 are paid

Step-by-step explanation:

First we organize the data:

prescription claims submitted: 4500

Prescriptions: 3900

The rate of claims paid is calculated using the following formula:

$x =\frac{Paid}{Total}$

We know that:

Paid = 3900

Total = 4500

So

$x =\frac{3900}{4500}$

$x =\frac{39}{45}$

$x =\frac{13}{15}$

x=0.87