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2 June, 07:44

The insurance company pays the full cost of 3,900 prescriptions claims out of 4,500 prescriptions claims submitted. What is the rate of the claims paid expressed as a percent?

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  1. 2 June, 08:02
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    Total number of prescription claims submitted = 4,500

    Number of prescription claims paid = 3,900

    Rate of the claims paid expressed as a percent = Number of prescription claims paid/Total number of prescription claims submitted * 100

    Rate of the claims paid expressed as a percent = 3,900/4,500 * 100

    Rate of the claims paid expressed as a percent = 86.666 ... %

    Rate of the claims paid expressed as a percent = 86.67% (Rounded to two decimals)
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