5000 $500 ded plan I $2000 ded plan 4000 $1000 ded plan 3000 2750 2000 1900 1400 1000 500 1000 2000 3000 4000 5000 6000 Estimated medical costs ($) User pays ($)
5000 $500 ded plan I $2000 ded plan 4000 $1000 ded plan 3000 2750 2000 1900 1400 1000 500 1000 2000 3000 4000 5000 6000 Estimated medical costs ($) User pays ($)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CT: Chapter Test
Problem 13CT
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Question
100%
The figure shows estimated medical costs versus what a user actually pays for three health insurance plans with different deductibles. For which plan does the user pay the least for estimated medical costs of $4,000?
**SEE DIAGRAM**
$500 deductible plan
$1,000 deductible plan
$2,000 deductible plan
The user pays the same for all three plans.
Transcribed Image Text:5000
$500 ded plan
I $2000 ded plan
4000
$1000 ded plan
3000
2750
2000
1900
1400
1000
500
1000
2000
3000
4000
5000
6000
Estimated medical costs ($)
User pays ($)
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