Problema Solution
A medical insurance policy requires Ana to pay the first $100 of her hospital expense. The insurance company will then pay 80% of the remaining expense. Ana is expecting a short surgical stay in the hospital, for which she estimates the total bill to be about $4,500. How much will Ana's portion of the bill amount to?
Answer provided by our tutors
the remaining expenses are 4500 - 100 = 4400
Ana will pay $100 + 20% of the remaining expenses:
100 + 0.20(4500 - 100) = $980