Question

Gerald would like to add a dental and vision option to the health insurance plan he purchased through his employer. in addition to the 65% of gerald’s $345 monthly health insurance premium, his employer has offered to pay 50% of a $38 monthly dental premium and 75% of a $23 monthly vision premium. if gerald adds both the dental and vision options to his insurance plan, how much will he pay each month towards health insurance? soopergood insurance option monthly premium employer contribution health insurance $345 65% dental $38 50% vision $23 75% a. $141.75 b. $145.50 c. $149.50 d. $260.50

Answer 1

From the calculations, Gerald will now have to pay the sum of $145.50 towards his monthly health insurance.

How is the above sum arrived at?

Note that the first sum being contributed by Gerald is (100%- 65%) of $345. This is 35% of $345 = $120.75

If his employer takes up 50% of $38, this leaves his contribution for dental as 50% of $38 = $19

Also if his employer takes up 75% of $23, his contribtuion for vision premium is 25% of 23 = $5.75

Hence his total contribution is now:
120.75 + 19.00 + 5.75 = $145.50

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