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soldier1979 [14.2K]
3 years ago
8

Sheldon has a traditional health insurance plan. He has a $200 deductible. The level of co-insurance for his plan is 90/10, wher

e 10 represents Sheldon’s portion. He does not have a co-payment. If Sheldon incurs a $1,500 hospital bill, how much money will the insurance company pay for the bill?
$1,170
$1,350
$1,150
$970
Health
2 answers:
FinnZ [79.3K]3 years ago
5 0

Answer:

$1,170

Explanation:

Elden [556K]3 years ago
4 0

Answer:

S$1,170

Explanation:

We are told in the question that Sheldon has a traditional health insurance plan.

We are told the he also incurred a bill of $1,500 and he has a $200

deductible.

The cost Sheldon hospital bills would be:

$1,500 - $200 = $1,300

We are told that the level of co-insurance for his plan is 90/10, where 10 represents Sheldon’s portion.

This means Sheldon portion is

10% of $1,300 = $130

The insurance company would be paying

$1,300 - $130 = $1,170

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