A patient’s insurance policy states:Annual deductible: $300.00Coinsurance: 70-30This year the patient has made payments totaling $533 to all providers. Today the patient has an office visit (fee: $80). The patient presents a credit card for payment of today’s bill. What is the amount that the patient should pay?

Question
Asked Apr 15, 2019
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 A patient’s insurance policy states:
Annual deductible: $300.00
Coinsurance: 70-30
This year the patient has made payments totaling $533 to all providers. Today the patient has an office visit (fee: $80). The patient presents a credit card for payment of today’s bill. What is the amount that the patient should pay?

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Step 1

In this question, it has mentioned that:

Annual deductible = $300

Co-insurance: 70 – 30

The payment made by payment this year = $533

Cost of today’s visit = $80

Step 2

In this question it has mentioned that coinsurance in ratio of 70 – 30, 70% paid by insurance and 30% paid by patient.

Today the pat...

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