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anonymous
 one year ago
Oliver has a medical illness that requires regular CAT scans throughout the year. His health insurance policy, through a coinsurance agreement, pays 60% of the cost for scans 1 – 5, 65% of the cost for scans 6 – 10, 70% of the cost for scans 11 – 15, and 75% of the cost for scans 16 – 20. Oliver is responsible for any scans over 20. If he receives 24 scans throughout a year at cost of $190 each, how much is Oliver’s outofpocket expense?
anonymous
 one year ago
Oliver has a medical illness that requires regular CAT scans throughout the year. His health insurance policy, through a coinsurance agreement, pays 60% of the cost for scans 1 – 5, 65% of the cost for scans 6 – 10, 70% of the cost for scans 11 – 15, and 75% of the cost for scans 16 – 20. Oliver is responsible for any scans over 20. If he receives 24 scans throughout a year at cost of $190 each, how much is Oliver’s outofpocket expense?

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0(190*.6)*5+(190*.65)*5 etc

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0but whats the answer to that?

mathmate
 one year ago
Best ResponseYou've already chosen the best response.0Would you try to work it out according to @arek's formula?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0what do you do after where he put etc

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0You keep multiply $190 by the percentage until you get to the 20th time, then he pays full price for 4 more times

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0wait im lost could you help me to get to more because you added a 5 to the 6

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0That's because after 5 scans, the percentage he has to goes up 5%. The first 5 times he payed 60% (.6) and the second 5 times he had to pay 65% (.65)

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0would the answer be 2,565?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Nope. Check your calculations

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0little less or much less then that number?
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