the annual health insurance premium for Ms Everett is $12,304. her employer pays 70% of the premium and deducts the remainder from her paycheck. Ms Everett is paid monthly

what amount is deducted from Ms Everett's paycheck for her health insurance premium?

A.) $141.97
B.) $307.60
C.) $331.26
D.) $717.73


2.) The health insurance company that insures Peter pays 80% of nutritional counseling after Peter pays a $50 deductible. The cost of his counseling was $1060

How much did Peter pay for his nutritional counseling
A.) $202
B.) $212
C.) $252
D.) $262


3.) Mattie must pay a $15 co-pay for each of her visits to a chiropractor. the insurance company pays 60% of the cost of the visit. After her accident, she made 12 visits to the chiropractor, each costing $305.

How much, in total, did Mattie pay for her chiropractor visits?

A.) $1464
B.) $1644
C.) $2196
D.) $2376

Respuesta :

Answer:

B.) $307.60 ; C.) $252 ; B.) $1644

Step-by-step explanation:

1.) Since the employer pays 70% of the premium, this leaves Ms. Everett with 100-70=30% of the cost.

30% = 30/100 = 0.3; this makes her part of the cost

0.3(12304) = 3691.2

She gets paid monthly, so we divide this by 12:

3691.2/12 = 307.6

This means she has $307.60 deducted monthly.

2.) Since the insurance company pays 80% of the costs, this leaves Peter with 100-80 = 20% of the cost.

We take his deductible out of the cost first:

1060-50 = 1010

20% = 20/100 = 0.2; this makes his part of the cost

0.2(1010) = 202+50 = 252, since we have to count the deductible as part of his cost.

3.) The total cost of all visits would be

305(12) = 3660

The insurance company pays 60% of the cost; this means she is left with 100-60 = 40%.  40% = 40/100 = 0.4;

0.4(3660) = 1464

Mattie also pays 12 $15 copays; this adds 12(15) = 180 to this:

1464+180 = $1644

To solve all the problems stated in the question we must know about percentages.

Percentage

A percentage is a way to describe a part of a whole. such as the fraction [tex]\dfrac{1}{4}[/tex] can be described as 0.25 which is equal to 25%.

To convert a fraction to a percentage, convert the fraction to decimal form and then multiply by 100 with the '%' symbol.

  1. The amount is deducted from Ms. Everett's paycheck is $307.6 every month.
  2. The amount Peter pays for his nutritional counseling is $202.
  3. The amount paid by Mattie is $1,464.

1. Amount is deducted from Ms. Everett's paycheck

Monthly Premium of  Ms. Everett's health insurance

[tex]\begin{aligned}Monthly\ Premium &= \dfrac{Annual \ Premium}{12}\\&=\dfrac{\$12,304}{12}\\&= \$1025.3334\ monthly\end{aligned}[/tex]

Amount is deducted from Ms. Everett's paycheck

As given to us the amount paid by Ms. Everett is 30% of her health insurance premium because the 70% is paid by her employer. therefore, 30% of the monthly premium that will be paid by Ms. Everett,

Amount is deducted from Ms. Everett's paycheck [tex]= 30\%\ of \$1,025.3334\\ [/tex]

                                                                                   [tex]= \dfrac{30}{100} \times \$1025.3334\\\\ = \$307.6[/tex]    

Hence, the amount is deducted from Ms. Everett's paycheck is $307.6 every month.

2. Peter pay for his nutritional counseling

As given to us the health insurance company that insures Peter pays 80% of nutritional counseling after Peter pays a $50 deductible. Therefore, Peter will pay 20% of the nutritional counseling fees after a $50 deductible.

Cost after $50 deductible

The cost of his counseling was $1060.

Cost after $50 deductible  = $1,060 - $50 = $1,010

Amount paid by Peter

Amount paid by Peter  [tex]= 20\%\ of \$1,010\\ [/tex]

                                      [tex]= \dfrac{20}{100} \times \$1,010\\\\ = \$202[/tex]

Hence, the amount Peter pays for his nutritional counseling is $202.

3.  In total, Mattie pay for her chiropractor visits

Total cost each time Mattie visits chiropractor = $305

Number of times Mattie visits chiropractor = 12

Total cost of Mattie visits chiropractor

Total cost of Mattie visits chiropractor

= Total cost each time Mattie visits chiropractor x Number of  visits

= $305 x 12

= $ 3,660

Amount paid by Mattie

As the insurance companies pay 60% of the cost of the visit. therefore, 40% of the cost will be paid by Mattie,

Amount paid by Mattie [tex]= 40\%\ of \$3,660\\ [/tex]

                                      [tex]= \dfrac{40}{100} \times \$3,660\\\\ = \$1,464[/tex]

Hence, the amount paid by Mattie is $1,464.

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