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A health insurance policy pays 65 percent of physical therapy costs after a $200 deductible. In contrast, an HMO charges $15 per visit
for physical therapy. How much would a person save with the HMO If he or she had 10 physical therapy sessions costing $50 each?

Amount of savings

Respuesta :

Answer:

Amount of saving = $292.5

Explanation:

Below is the given informations:

Cost bear by insurance company = 65%

Deducticle amount = $200

Total cost of therapy = 10 x (Per visit charge + Each session therapy cost)

Total cost of therapy = 10 x (15 + 50)

Total cost of therapy = 650

Amount after deductible = 650 - 200 = 450

Amount of saving = 65% of 450

Amount of saving = $292.5

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