how much money will a patient using this insurance plan have to pay for a $3,800 medical bill from an…

how much money will a patient using this insurance plan have to pay for a $3,800 medical bill from an emergency room visit? health insurance plan deductible $2,000 co - insurance 20% out - of - pocket max $5,000 emergency copay $300 primary copay $20

how much money will a patient using this insurance plan have to pay for a $3,800 medical bill from an emergency room visit? health insurance plan deductible $2,000 co - insurance 20% out - of - pocket max $5,000 emergency copay $300 primary copay $20

Answer

Explanation:

Step1: Subtract deductible

First, subtract the deductible from the medical - bill. The deductible is $2000 and the bill is $3800. So, the remaining amount is $3800 - 2000=1800$.

Step2: Calculate co - insurance

The co - insurance is 20% of the remaining amount. So, the co - insurance amount is $0.2\times1800 = 360$.

Step3: Add emergency copay

The emergency copay is $300. The total out - of - pocket cost is the sum of the co - insurance amount and the emergency copay. So, the total is $360+300 = 660$.

Answer:

$660$