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expeople1 [14]
3 years ago
7

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?
Health
1 answer:
Helga [31]3 years ago
5 0
He has to pay the first $200. Then 10% of the remaining $1300. Which is another $130.
So the insurance company pays. $1170
Sheldon pays $330
Total $1500
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