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Shashi Rimoko earns $620 per week as a chef. He has group
medi Shashi Rimoko earns $620 per week as a chef. He has group
medical and dental insurance. Medical coverage costs $9,560
a year and dental coverage costs $172 a year. The restaurant
pays 80% of the medical and 65% of the dental insurance. How
much is deducted each week for insurance

Sagot :

Parrainidn

Out of the weekly amount that Shashi Rimoko makes, a deduction of $37.93 is made for insurance.

The total Medical cost is $9,560 and out of this, the amount paid by Shashi per year is:

= Amount x (1 - percentage paid by restaurant)

= 9,560 x ( 1 - 80%)

= $1,912

The amount he pays for Dental coverage is:

= Amount x (1 - percentage paid by restaurant)

= 172 x (1 - 65%)

= $60.20

The total amount he pays for insurance per year is:

= Medical + Dental

= 1,912 + 60.20

= $1,972.20

The weekly deduction is:

= Year amount / No. of weeks in year

= 1,972.20 / 52

= $37.93

In conclusion, $37.93 is deducted from his paycheck every week.

Find out more at https://brainly.com/question/16711490.

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