Question 327942: Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the first $100 of her medical bills, plus 40% of the rest. Under plan B, Giselle would pay the first $130, but only 20% of the rest. For what amount of medical bills will plan B save Giselle money? Assume she has over $130 in bills.
Answer by mananth(16946) (Show Source):
You can put this solution on YOUR website! Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the first $100 of her medical bills, plus 40% of the rest. Under plan B, Giselle would pay the first $130, but only 20% of the rest. For what amount of medical bills will plan B save Giselle money? Assume she has over $130 in bills.
let the bill be x
Plan A = 100+0.4(x-100)
Plan B = 130+0.2(x-130)
100+0.4x-40>130+0.2x-26
0.2x>44
x>220
for bills > $220 Plan B will be a better plan.
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