Carol byrd gets a student rate of $30.00 a month. there is a $250 deductible; but no coinsurance payment. she recently received treatment for a covered condition. the bill was $2,300.00. carol's insurance company provided payment of 80% of the bill less the deductible.
what was the company's payment?

what was carol's total cost (ignoring the monthly premium)?

The company's payment was $1640,

and Carol's total cost was $410.

Step-by-step explanation:

since we have given that

Bill amount = $2300

Amount of deductible = $250

Remaining amount is given by

Since Carol's insurance company provided paid 80% of the bill less the deductible.

So, the company's payment is given by

And Carol's total cost after the payment of company is given by

Hence, the company's payment was $1640,

and Carol's total cost was $410.

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step-by-step explanation:

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