William Right broke his leg in an accidental fall. He has a deductible of $150 and a coinsurance payment equal to 20% percent of the cost less the deductible. The entire bill for medical services was $750.00.

Complete question:

William Right broke his leg in an accidental fall. He has a deductible of $150 and a coinsurance payment equal to 20% percent of the cost less the deductible. The entire bill for medical services was $750.00.

How much did William pay?

How much did insurance company pay

$270 ; $480

Step-by-step explanation:

Given that:

Amount deductible = $150

Coinsurance payment = 20% of cost less deductible

Total bill = $750

Amount paid by Williams :

Amount deductible + coinsurance payment

Amount deductible = $150

Coinsurance payment = 20% of (750 - 150)

Coinsurance payment = 0.2 * 600 = $120

Amount paid by William = $150 + $120 = $270

Amount paid by insurance company :

Total bill - amount paid by William

$750 - $270

=$480

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