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9 April, 03:29

Sergio's employer covers 80% of the cost of a $3300-per-year health insurance plan and 70% of the cost of a $1400-per-year disability insurance plan. if sergio gets paid monthly, what is the total amount deducted from his gross income for health and disability insurance during each pay period?

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Answers (2)
  1. 9 April, 03:52
    0
    APEX Confirmed

    Answer: $90.00
  2. 9 April, 05:34
    0
    Total employer cover = 0.8*3300 + 0.7*1400 = 3,620

    Sergio's contribution annually = 3300+1400 - 3,620 = 1,080 per year

    Since the pay period is monthly, the gross amount deducted each month = 1,080/12 = $90/month for his health and disability insurance
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