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murzikaleks [220]

3 years ago

15

A patient's total surgery charges are $1,278. The patient must pay the annual deductible of $1,000, and the policy states a 80-2

0 coinsurance. What does the patient owe?

1 answer:

musickatia [10]3 years ago

8 0

Answer:

The patient owe $1255.6 .

Step-by-step explanation:

As given

A patient's total surgery charges are $1,278.

The patient must pay the annual deductible of $1,000.

The policy states a 80-20 coinsurance. (i.e 20% of the surgery amount is given by the patient .)

20% is written in the decimal form .

$= \frac{20}{100}$

= 0.20

20% of patients surgery cost = 0.20 × $1278

= $ 255.6

Patients owe = Deductible cost + 20% of patients surgery cost

= $1000 + $255.6

= $ 1255.6

Therefore the patient owe $1255.6 .

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