Answer :
Medical bill = $9,875
Deductible = $1,000
Amount Roger will pay =1000 + (9875-1000)*20/100 = 1000+1775 = $2,775
Deductible = $1,000
Amount Roger will pay =1000 + (9875-1000)*20/100 = 1000+1775 = $2,775
Total bill amount that Roger got was $9875.
The deductible is $1000. Therefore, Steve will have to pay the $1000 and the remaining amount of $8875 he will pay @20% subject to a maximum (cap) of $3000.
Therefore, the amount Roger will have to pay (subject to a maximum (cap) of $3000) is:
[tex] 1000+\frac{20}{100}\times 8875=2775 [/tex] dollars. (This is less than the cap of $3000).
Therefore, Roger would end up paying $2775.