Question

In addition to general medical services, Holly would like to add dental and vision options to her health care plan. The monthly premium for her medical insurance is $345 of which her employer pays 65%. Her employer also offers to pay 50% of the monthly dental premium of $38 and 75% of the $23 monthly premium for the vision plan that is offered. If Holly opts for both the dental and vision options in addition to her regular health insurance, how much will Holly be responsible for paying each month? Soopergood Insurance Option Monthly Premium Employer Contribution Health Insurance $345 65% Dental $38 50% Vision $23 75% a. $145.50 b. $260.50 c. $263.90 d. $406.00

Answer 1

Answer:

total paying each month = $145.50

Explanation:

given data

medical insurance = $345

employer pays = 65%

monthly dental premium = 50% of $38

monthly premium for the vision plan = 75% of the $23

solution

we get here  total monthly premium that has to pay

so get here amount that is cover from the medical insurance, dental and vision

value of the premium will be add each of them and they are

medical  = $345 × (1 - 0.35 )

= $120.75

dental  = $38× (1 - 0.50 )

=  $19

vision plan = $23 × (1 - 0.75 )

= $5.75

so total paying each month =  $120.75 + $19 + $5.75

total paying each month = $145.50