Question 660761
Jen must pay $500 of medical expenses before her insurance company will begin to pay (this is called the deductible).
 After she pays her $500 deductible, the insurance company will pay 80% of her remaining medical expenses.
If Jen paid a total of $750 in medical expenses last year, how much did her insurance company pay?
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Jen's total medical expenses for the year are 750
She paid $500 + 20% of her medical costs over $500
Let her med costs over 500 be "x".
Equation:
0.20x = $250
x = $1250
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The insurance company paid 80% of Jen's med cost -$500
Company paid 0.80(1250) = $1000.00
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Cheers,
Stan H.

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