Graham's employer would pay $561.60 for his health coverage
Claudia pays 28.14% of her total cost of health coverage annually
What type of coverage does Graham uses?
Note that Graham has an individual health coverage, in essence, his total cost per month is $52 since he earns less than $65,000, out of which he would only be responsible for 10% of total annual cost of health care coverage.
Monthly payment=$52
Annual cost=$52*12
annual cost=$624
Since he pays just 10%, it means that the employer would bear the remaining cost, which is 90%
Employer's contribution=90%*$624
Employer's contribution=$561.60
What type of coverage does Claudia has?
Claudia has family health care coverage and she earns more than $65,000 on annual basis, which means her cost per month is $122
annual cost=$122*12
annual cost=$1,464.00
Claudia's share=(total cost-employer share)/total cost
Claudia's share=($1,464.00-$1,052.00)/$1,464.00
Claudia's share=28.14%
Find out more about health insurance coverage on:brainly.com/question/12574380
#SPJ1
