Employees at Lancaster Manufacturing are responsible for paying 38% of their annual health insurance premium. If the total month

Question

3 years ago

12

ly premium for an individual policy is $92.50, how much does the company pay annually for each individual policy?

1 answer:

Citrus2011 [14] · Answer 1 · 2022-05-28T16:40:13+03:00

4 0

Employee annual cost is $1,110.00 and 38% of that is $421.80 that the employee pays.

So the company annually pays $688.20 for each policy