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200 deductable 80% medical bills last year $1280 in medical bills how many did the insurance pay?

 Jan 17, 2017
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NOT CLEAR FROM YOUR QUESTION====> TWO SCENARIOS:

First version: You paid the $200 deductible which leaves 1280 - 200 = 1080     this represents the 20 percent that you paid and the insurance company paid the other 80%

1080/.2 = $ 5400 that you and the insurance company paid together   

The insurance paid 80% of this   .8(5400) = $ 4320

So total bills would be the $200 you paid PLUS the 5400 you share-paid = $5600/yr

 

 

Second version: Total bills $ 1280    you pay $ 200 which leaves  $ 1080 of which insurance pays 80%

1080 x (.8) = $864 paid by insurance

 Jan 17, 2017

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