SOLUTION: Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the first $60 of her medical bills, plus 25% of the rest. Under plan B, Giselle would pay the fir
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-> SOLUTION: Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the first $60 of her medical bills, plus 25% of the rest. Under plan B, Giselle would pay the fir
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Question 410974: Bayside insurance offers two health plans. Under plan A, Giselle would have to pay the first $60 of her medical bills, plus 25% of the rest. Under plan B, Giselle would pay the first $210, but only 20% of the rest. For what amount of medical bills will plan B save Giselle money? Assume she has over $210 in bills. Answer by ankor@dixie-net.com(22740) (Show Source):
You can put this solution on YOUR website! Under plan A, Giselle would have to pay the first $60 of her medical bills, plus 25% of the rest.
Under plan B, Giselle would pay the first $210, but only 20% of the rest.
For what amount of medical bills will plan B save Giselle money? Assume she has over $210 in bills.
:
Let m = amt of the medical bill
:
Cost of A: .25(m-60) + 60
Cost of B: .20(m-210) + 210
:
Cost of A > Cost of B
.25(m-60) + 60 > .20(m-210) + 210
Find m
.25m - 15 + 60 > .20m - 42 + 210
.25m + 45 > .20m + 168
.25m - .20m > 168 - 45
.05m > 123
m >
m > $2460.00
Medical bills greater than $2460, plan B would be cheaper
