How to calculate insurer's and patient's share of medical procedure costs?
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My health insurance covers % of the bill. If the procedure costs $ ...
What's the split between what they pay and what I pay?
Calculation type: Calculating a percentage of a number
(insurer's share) and the remaining amount (your share).
How to use the calculator:
Step 1 (Insurer's share): Use the Basic Percentage CALCULATOR ("What is X% of Y?"). Enter 80 [X] and $2500 [Y]. It will calculate 80% of $2500.
Step 2 (Your share): Subtract the amount covered by insurance (from Step 1) from the total cost.
The formula:
We want to find the insurer's share (80% of $2500) and your share.
Insurer's share = 80% of $2500
Insurer's share = (80 / 100) × $2500 = 0.8 × $2500 = $2000
Your share = Total cost - Insurer's share
Your share = $2500 - $2000 = $500
How to use the calculator:
Step 1 (Insurer's share): Use the Basic Percentage CALCULATOR ("What is X% of Y?"). Enter 80 [X] and $2500 [Y]. It will calculate 80% of $2500.
Step 2 (Your share): Subtract the amount covered by insurance (from Step 1) from the total cost.
The formula:
We want to find the insurer's share (80% of $2500) and your share.
Insurer's share = 80% of $2500
Insurer's share = (80 / 100) × $2500 = 0.8 × $2500 = $2000
Your share = Total cost - Insurer's share
Your share = $2500 - $2000 = $500
Answer: The insurer pays $ , and you pay $ .