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Science-Related Homework Help Mathematics Topic started by: szehim2009 on Mar 8, 2023



Title: Mighty Machinery CompanyThe Mighty Machinery Company subscribes to the Healthy Family Medical ...
Post by: szehim2009 on Mar 8, 2023
Mighty Machinery Company

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.


Refer to Mighty Machinery Company. A single employee participates in the company health plan. Compute the amount deducted from the employee's wages in one year.


Title: Re: Mighty Machinery CompanyThe Mighty Machinery Company subscribes to the Healthy Family Medical ...
Post by: isababycookie on Mar 8, 2023
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