Biology Forums - Study Force

The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, 350; employee with one dependent, 450; employee with multiple dependents, 550. The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month 40 from an employee without dependents, 80 from an employee with one dependent, and 100 from an employee with multiple dependents. The Healthy Family Medical Organization has a deductible of 300 per year for an employee with no dependents, 450 per year for an employee with one dependent, and 600 per year for an employee with multiple dependents. The organization pays 80 of all medical bills in excess of the deductible. To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company. The Mighty Machinery Company has 20 employees participating in the health plan. Four employees are single, five have one dependent, and 11 have multiple dependents. Compute the amount the employees' health coverage cost Mighty Machinery Company last year.

Q. 2

The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, 350; employee with one dependent, 450; employee with multiple dependents, 550. The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month 40 from an employee without dependents, 80 from an employee with one dependent, and 100 from an employee with multiple dependents. The Healthy Family Medical Organization has a deductible of 300 per year for an employee with no dependents, 450 per year for an employee with one dependent, and 600 per year for an employee with multiple dependents. The organization pays 80 of all medical bills in excess of the deductible. To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company. Carlson, his spouse, and their son are covered by Mighty Machinery Company's health plan. Carlson's doctor bills totaled 2,350 last year. Compute Carlson's total medical costs for the year for premiums, deductible, and his percentage of covered medical bills.

Q. 3

The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, 350; employee with one dependent, 450; employee with multiple dependents, 550. The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month 40 from an employee without dependents, 80 from an employee with one dependent, and 100 from an employee with multiple dependents. The Healthy Family Medical Organization has a deductible of 300 per year for an employee with no dependents, 450 per year for an employee with one dependent, and 600 per year for an employee with multiple dependents. The organization pays 80 of all medical bills in excess of the deductible. To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company. Brewster, her spouse, and their 5 children are covered by Mighty Machinery Company's health plan. Last year Brewster's doctor bills totaled 5,180 . Compute the amount Brewster must pay for her doctor bills.

Q. 4

The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, 350; employee with one dependent, 450; employee with multiple dependents, 550. The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month 40 from an employee without dependents, 80 from an employee with one dependent, and 100 from an employee with multiple dependents. The Healthy Family Medical Organization has a deductible of 300 per year for an employee with no dependents, 450 per year for an employee with one dependent, and 600 per year for an employee with multiple dependents. The organization pays 80 of all medical bills in excess of the deductible. To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company. Adams and his spouse are covered by Mighty Machinery Company's health plan. Compute the total amount of money paid to the insurance company last year by Adams and the Mighty Machinery Company for Adams' health insurance coverage.

Q. 5

The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, 350; employee with one dependent, 450; employee with multiple dependents, 550. The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month 40 from an employee without dependents, 80 from an employee with one dependent, and 100 from an employee with multiple dependents. The Healthy Family Medical Organization has a deductible of 300 per year for an employee with no dependents, 450 per year for an employee with one dependent, and 600 per year for an employee with multiple dependents. The organization pays 80 of all medical bills in excess of the deductible. To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company. The Mighty Machinery Company has 20 employees. If the company stopped paying for health benefits for employees' dependents, compute the amount the company would pay this year in health premiums to cover only its employees.

Q. 6

The Mighty Machinery Company subscribes to the Healthy Family Medical Organization. Monthly insurance premiums are: employee without dependents, 350; employee with one dependent, 450; employee with multiple dependents, 550. The Mighty Machinery Company pays a large part of the premiums for participating employees and their dependents. Participating employees have deducted from their paychecks every month 40 from an employee without dependents, 80 from an employee with one dependent, and 100 from an employee with multiple dependents. The Healthy Family Medical Organization has a deductible of 300 per year for an employee with no dependents, 450 per year for an employee with one dependent, and 600 per year for an employee with multiple dependents. The organization pays 80 of all medical bills in excess of the deductible. To answer all questions regarding health insurance, refer to the above information on Mighty Machinery Company. An employee with nine dependents participates in the company health plan. Compute the amount deducted from the employee's wages in one year.

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Wow! Thanks you for this correct set of answers, wasn't expecting it...

My pleasure!