Question

Health insurance coverage for an

employee and their family is $12,350 per
year. The employer pays 60% of that
cost. How much is taken from the
employee's biweekly paycheck?

Answer 1

$190 will be taken from the employee's biweekly paycheck

Explanation:

Health insurance coverage = $12,350

Employer contribution = 60%

therefore employee contribution = 40%

= $12,350 * 40% = $4,940

Employees contribution biweekly = $4,940 / 26 = $190