Jack and Jill are both considering seeing a medical specialist who charges $300

Question

Jack and Jill are both considering seeing a medical specialist who charges $300 per consultation.
The insurance company charges Jack a $25 copay. Jill has a different policy that requires a 25% coinsurance payment, but no copay. Based on these numbers, which of the following is true?

Neither Jack nor Jill will see the medical specialist.

Both will see the medical specialist.

Jack is more likely to see the medical specialist.

Jill is more like to see the medical specialist.

Neither Jack nor Jill will see the medical specialist.

Both will see the medical specialist.

Jack is more likely to see the medical specialist.

Jill is more like to see the medical specialist.

Explanation / Answer

The correct answer is:

b. Both will see the medical specialist.

Reason; Given the information in the question, it can be inferred that Jack has to pay $25 and Jill has to pay 25% of $300 = $75. Hence both amount is less than $300. Hence, both will see a doctor.

Thanks!

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