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Marriage and Family Therapist

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AVG. SALARY

$52,570

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EDUCATION

Master's degree

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JOB OUTLOOK

Stable

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Real-Life Math -- Solution

Because the visit costs $95, and the insurance company will pay for 40 percent of that, you know you must multiply by 0.60 (or 60 percent of the bill) to obtain the amount John Doe is expected to pay.

Here is how you would figure out John's portion of the bill:

$95 x 0.60 = $57

John Doe's portion of the counseling session bill is $57, with his insurance company picking up the remaining $38.


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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.