Your health insurance premium is $4211 annually. If your employer pays 80% and you are paid monthly, how much is deducted from each monthly check?

1 Answer
Júlio B.
Dec 29, 2015

# U$70.183 # per month.

Explanation:

#4211 = 100%# Of the health insurance cost. If your employer pays 80% of the total, he pays #80 * 4211/100#, that is #U$3368.80#.
You pay #4211 - 3368.8 = U$842.2# in the hole year. The year has 12 months. #U$842.2 / 12 ~= U$70.183 # per month.

Related questions
Impact of this question
9533 views around the world
You can reuse this answer
Creative Commons License