SOLUTION: Kevin was paying a $250 a month for his health insurance coverage that had a $200 deductible . He dropped that coverage for a $50 a month policy that had a $5000 dollar deductible.

Question 806272: Kevin was paying a $250 a month for his health insurance coverage that had a $200 deductible . He dropped that coverage for a $50 a month policy that had a $5000 dollar deductible. Assuming Kevin had no health care costs, how long would it take Kevin to save enough with his high-deductible plan to pay for a possible $5000 out of pocket expense?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
200*x=5000
2x=50
x=25 months or a little over two years

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