Top Posters
Since Sunday
g
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
s
2
New Topic  
jkim3464 jkim3464
wrote...
Posts: 152
Rep: 0 0
A year ago
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. 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.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
Read 27 times
1 Reply
Replies
Answer verified by a subject expert
yankeesaremyjamyankeesaremyjam
wrote...
Posts: 125
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jkim3464 Author
wrote...

A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  750 People Browsing
 122 Signed Up Today
Related Images
  
 492
  
 999
  
 930
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145