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
1 answer:
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 .
= 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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