Sarah's insurance plan includes a $1,000 annual deductible, 20% coinsurance after the deductible is met, and a $5,000 out-of-pocket maximum. Sarah has already met her deductible and incurred an additional $2,000 in covered medical expenses. How much more will Sarah need to pay if she incurs another $4,000 in covered medical expenses?
Sarah's insurance plan includes a $1,000 annual deductible, 20% coinsurance after the deductible is met, and a $5,000 out-of-pocket maximum. Sarah has already met her deductible and incurred an additional $2,000 in covered medical expenses. How much more will Sarah need to pay if she incurs another $4,000 in covered medical expenses?
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.6: Solve Applications With Linear Inequalities
Problem 3.110TI: Christian has been offered a new job that pays $24,000 a year plus 3% of sales. For what total sales...
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Sarah's insurance plan includes a $1,000 annual deductible, 20% coinsurance after the deductible is met, and a $5,000 out-of-pocket maximum. Sarah has already met her deductible and incurred an additional $2,000 in covered medical expenses. How much more will Sarah need to pay if she incurs another $4,000 in covered medical expenses?
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