Georgia has a health insurance policy that includes a deductible of $600 and a coinsurance of 20%.If her total bill is $4,000,how much will she be required to pay?

Name: Georgia has a health insurance policy that includes a deductible of $600 and a coinsurance of 20%.If her total bill is $4,000,how much will she be required to pay?
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Quizplus · Accepted Answer

Her amount due = Deductible + {20% × (Total bill - Deductible)} = $600 + {20% × ($4,000 - $600)} = $600 + {20% × $3,400} = $600 + $680 = $1,280.

Georgia Has a Health Insurance Policy That Includes a Deductible