Question

The annual health insurance premium for Ms Everett is $12,304. her employer pays 70% of the premium and deducts the remainder from her paycheck. Ms Everett is paid monthly
what amount is deducted from Ms Everett's paycheck for her health insurance premium?

A.) $141.97
B.) $307.60
C.) $331.26
D.) $717.73


2.) The health insurance company that insures Peter pays 80% of nutritional counseling after Peter pays a $50 deductible. The cost of his counseling was $1060

How much did Peter pay for his nutritional counseling
A.) $202
B.) $212
C.) $252
D.) $262


3.) Mattie must pay a $15 co-pay for each of her visits to a chiropractor. the insurance company pays 60% of the cost of the visit. After her accident, she made 12 visits to the chiropractor, each costing $305.

How much, in total, did Mattie pay for her chiropractor visits?

A.) $1464
B.) $1644
C.) $2196
D.) $2376

Answer 1

Answer: See each one below:

1) Since she is paying for 30% of the cost, we multiply it by 0.3. Then, since it is over the whole year, we divide it by 12.

12304 * 0.3 / 12 = 307.6 B

2)  First, we subtract the cost of the 50 deductible, then multiply the amound by 0.2 because he has to pay 20% of the balance.
1060 - 50 = 1010 x 0.2 = 202 A

3)  First, we find the total cost of the visits. Mattie has to pay for 40% so times it by 0.4. Then, don't forget to add in the cost of 12 co-pays of $15 each.
3660 * 0.4 = 1464 + 15(12) = 1664 B

Answer 2

Answer:

B.) $307.60 ; C.) $252 ; B.) $1644

Step-by-step explanation:

1.) Since the employer pays 70% of the premium, this leaves Ms. Everett with 100-70=30% of the cost.

30% = 30/100 = 0.3; this makes her part of the cost

0.3(12304) = 3691.2

She gets paid monthly, so we divide this by 12:

3691.2/12 = 307.6

This means she has $307.60 deducted monthly.

2.) Since the insurance company pays 80% of the costs, this leaves Peter with 100-80 = 20% of the cost.

We take his deductible out of the cost first:

1060-50 = 1010

20% = 20/100 = 0.2; this makes his part of the cost

0.2(1010) = 202+50 = 252, since we have to count the deductible as part of his cost.

3.) The total cost of all visits would be

305(12) = 3660

The insurance company pays 60% of the cost; this means she is left with 100-60 = 40%.  40% = 40/100 = 0.4;

0.4(3660) = 1464

Mattie also pays 12 $15 copays; this adds 12(15) = 180 to this:

1464+180 = $1644