SOLUTION: Bayside insurance offers two health plans. Under plan A, Giselle would pay the first $50 of her medical bills, plus 25% of the rest. Under plan B, Giselle would pay the first $70,

Question 393435: Bayside insurance offers two health plans. Under plan A, Giselle would pay the first $50 of her medical bills, plus 25% of the rest. Under plan B, Giselle would pay the first $70, but only 20% of the rest. For whatamount of medical bills will plan B save Giselle money? Assume she has over $70 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 pay the first $50 of her medical bills, plus 25% of the rest. Under plan B, Giselle would pay the first $70, but only 20% of the rest. For whatamount of medical bills will plan B save Giselle money? Assume she has over $70 in bills.
PLAN A
Let bill be x
payment = x-50+0.25(x-50)
payment = x-50+0.25x-12.50
payment = 0.75x-62.50
...
PLAN B
payment = x-70 +0.2(x-70)
payment = x-70 +0.2x-14
payment = 0.8x-84
PLAN B < PLAN A
0.8x-84<0.75x-62.50
0.8x-0.75x<84-62.50
0.05x<21.50
/0.05
x<21.50/0.05
x<430
for Plan B to save money bill value must be <$430
RELATED QUESTIONS
Bayside Insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by Big Poop)

Bayside Insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by jim_thompson5910)

Bayside Insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by stanbon,solver91311)

Bayside Insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by solver91311)

Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by ankor@dixie-net.com)

Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by mananth)

bayside insurance offers two health plans. under plan a giselle have to pay the first... (answered by checkley77)

Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by mananth)

Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the... (answered by richwmiller)