a family pays $ 700 per year for an insurance plan that pays 70 percent of the first $ 1,000 in expenses and 100 percent of all medical expenses thereafter . in any given year , the total amount paid by the family will equal the amount paid by the plan when the family ' s medical expenses total how much ?
"assuming the medical expenses are $ 1000 or more , the family pays $ 700 + $ 300 = $ 1000 . the total amount paid by insurance plan for the first $ 1000 of expenses is $ 700 . the insurance will pay another $ 300 when the medical expenses are $ 1300 . the answer is b ."
subtract(1,000, 700)