a patient has a choice between four different prescription plans through their health insurance. the options…
a patient has a choice between four different prescription plans through their health insurance. the options are:\noption a: $105 monthly premium with a $15 co-pay per prescription\noption b: $100 monthly premium with a $20 co-pay per prescription\noption c: $115 monthly premium with a $10 co-pay per prescription\noption d: $110 monthly premium with a $12 co-pay per prescription\n\nwhich option is the most expensive if the patient fills 7 prescriptions each month?\noption a\noption b\noption c\noption d
Answer
Explanation:
Step1: Calculate total cost for Option A
Total cost = Monthly premium + (Co-pay per prescription × Number of prescriptions) $$105 + ($15 \times 7) = $105 + $105 = $210$
Step2: Calculate total cost for Option B
Total cost = Monthly premium + (Co-pay per prescription × Number of prescriptions) $$100 + ($20 \times 7) = $100 + $140 = $240$
Step3: Calculate total cost for Option C
Total cost = Monthly premium + (Co-pay per prescription × Number of prescriptions) $$115 + ($10 \times 7) = $115 + $70 = $185$
Step4: Calculate total cost for Option D
Total cost = Monthly premium + (Co-pay per prescription × Number of prescriptions) $$110 + ($12 \times 7) = $110 + $84 = $194$
Step5: Compare all total costs
$$240 > $210 > $194 > $185$
Answer:
Option B: $100 monthly premium with a $20 co-pay per prescription