57. You have a choice of two health insurance plans:
. Plan A (low deductible): Annual premium is $5400,
deductible is $400 (for the year), and there are no co-
payments. The insurance plan covers 100% of all expenses
after the deductible is met.
Plan B (high deductible): Annual premium is $1500,
deductible is $2000 (for the year), and the co-payments are
$100 for an emergency room visit, $100 for radiology
procedures such as CT scans, and $30 for an office visit. The
insurance covers 80% of all expenses after the deductible is
met and your co-payments are subtracted.


Find the out-of-pocket expenses under each plan assuming that,
in one year, you have one emergency room visit that costs.
$3500, one annual check-up that costs $300, and one CT scan
that costs $700.


How do I solve this?