Lydia Morales is married and has a family Her employer pays

Lydia Morales is married and has a family. Her employer pays 60% of every employee\'s individual health insurance premium each month .The annual premium for this plane is $2,400 per employee. Family coverage can be purchased for an additional $55.00 per month . Compute lydia\'s monthly premium for herself and her family While driving to network to Work, Ben Adler crashes into Fujio Hayashi\'s automobile, injuring Fujio $23,550 for personal bodily injuries. Mary is awarded $12,400. Repairs to the Hayashi\'s automobile will cost $12,543 Determine the annual premium due for the homeowener\'s insurance. $110,000 coverage quoted at $6 per $1,000 = $150,00 coverage quoted at $5.50 per $1,000 = $45,000 coverage quoted at $1.10 per $1,000 = determine the amount of the insurance coverage needed to equal 80% 0f property value.

Solution

15.

the cost of annual premium per employee is = $ 2400

=> cost of monthly premium per employee is = 2400/12 = $ 200

the employer pays 60% of the monthly premium cost each month = 60% of 200 = $ 120

=> each employee has to pay = 200-120 = $ 80 every month for the health premin

Lydia has a family premium as well and this costs her = $ 55 every month

=> every month Lydia has to pay = 80 + 55 = $ 135 for the health premium {Lydia\'s monthly premium}