Last year the annual premium on a
certain hospitalization insurance
policy was $408, and the policy paid
80 percent of any hospital expenses
incurred. If the amount paid by the
insurance policy last year was equal to
the annual premium plus the amount
of hospital expenses not paid by the
policy, what was the total amount of
hospital expenses last year?
(A) $850.00
(B) $680.00
(C) $640.00
(D) $510.00
(E) $326.40
OA is B
certain hospitalization insurance
policy was $408, and the policy paid
80 percent of any hospital expenses
incurred. If the amount paid by the
insurance policy last year was equal to
the annual premium plus the amount
of hospital expenses not paid by the
policy, what was the total amount of
hospital expenses last year?
(A) $850.00
(B) $680.00
(C) $640.00
(D) $510.00
(E) $326.40
OA is B
