Hi Joe
The best way to calculate the chance that one has the disease after testing positive is to imagine a sample of say 1000 people randomly drawn from the population then there would be 50 (5%) people with the disease and 40 of them (80%) would test positive. Now of the 950 (1000-50) who do not have the disease 950x.3 (30%) or 285 will also test positive. Now the probability that you have the disease given that you tested positive is 40/(285+40) = .123 or 12.3% which also means that the probability that you do not have the disease is 87.7% or 7 to 1 against you having the disease. No need to get concerned.
Hope this helps
jim