Question

Suppose you have health insurance that is partially funded by the company you work for. They have agreed to pay 85% of your coverage. What percent of your insurance coverage will you be paying? Show your work.

Answer 1

The Solution.

Your company partially funds 85% of the total coverage. That gives

$85\text{ \%}$

The percent of the insurance coverage that will be paid by you is

$100-85=15\text{ \%}$

Thus, the correct answer is 15%.