Business, 21.12.2020 16:50 Naysa150724

b)Now, let’s try "what if". What if you had medical bills for $10,000 for a minor surgery? What would each of the insurance policies pay if you had not yet paid any deductible? Remember that 20% is your part (coinsurance) so the insurer’s percent is 80% for the first formula. Show how you are getting the answer. Formulas:Insurer’s part of Medical Bill = (Bill – deductible) (80%)Your part of medical bill = Total bill – Insurers part

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b)Now, let’s try "what if". What if you had medical bills for $10,000 for a minor surgery? What woul...

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