Patrick and susie just welcomed a set of twins to their family and have to decide how to purchase health insurance for the babies. patrick’s employer pays for 100% of his monthly health insurance premium of $378, but will not pay for any of the $280 for each additional beneficiary. susie’s employer, who pays 63% of her $403 monthly premium, offers to pay 32% of the $310 monthly premium for each additional beneficiary. which would be the most economical way to purchase health insurance for the family?

Patricks employer:

Patrick Additional monthly payment for the twins = $560/month considering his employer paid his premium 100%

Susie Additional monthly payment for the twins= $403 x 37%+ 620 x 68%=$570.71

Since patrick's premium is less than susie's then it is practical to purchase health insurance from patrick's employer

Answer Link

cardeaireanderoxuln1 cardeaireanderoxuln1 · Answer 2 · 2019-10-23T09:26:14+02:00

cardeaireanderoxuln1 cardeaireanderoxuln1

23-10-2019

Answer:

C.

Insure Patrick with his employer and Susie and the twins with her employer.

Step-by-step explanation:

Answer Link