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<span>Let us start with the percentage of premium paid by Javier. Since the employer pays 43%, the remaining 57% (100-43) is paid by Javier. Now let us find out how much is deducted from his paychecks during the year. In one month, $157.38 x 2 = $314 .76 is deducted by the employer. So in 12 months, the amount equal to 57% of the health premium will be $314.76 x 12 = $3777.12.
If $ 3777.12 is 57% of a certain number, to find the number, multiply $3777.12 with the reciprocal of the fraction. (57/100)
So the unknown number = $3777.12 * 100/57 = $6626.53
Javier's total annual health premium, therefore, is $6626.53</span>
13.60 because you add the coupon discount back on and subtract tax cost and divide by 2
