Question

Asako's employer covers 90% of the cost of a $3500-per-year health insurance plan and 60% of the cost of a $1300-per-year disability insurance plan. If Asako gets paid monthly, what is the total amount deducted from her gross income health and disability insurance during each pay period?

Answer 1

if the employer covers 90% of health insurance at 3500 per year, she pays 10%.....0.10(3500) = 350 per yr....350/12 = 29.17 per month

if the employer covers 60% of disability at 1300 per yr, she pays 40%
0.40(1300) = 520 per yr....520/12 = 43.33 per month

total amount deducted per month is (29.17 + 43.33 ) = 72.50 <==

Answer 2

The total amount deducted from her gross income for health and disability insurance during each pay period is 72.50

What is the Insurance?

Insurance is a contract (policy) in which an insurer indemnifies another against losses from specific contingencies and/or perils.

How to determine?

If the employer covers 90% of health insurance at 3500 per year, she pays 10%.....0.10(3500) = 350 per yr....350/12 = 29.17 per month

if the employer covers 60% of disability at 1300 per yr, she pays 40%

0.40(1300) = 520 per yr....520/12 = 43.33 per month

total amount deducted per month is (29.17 + 43.33 ) = 72.50

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