Question

Christina Martel earns $2,958.00 a week as the parts clerk at Hedley Auto. Her group health insurance premiums cost $3,347.00 per year. If the company pays 61 percent of the premium cost, what percent of the premium is paid by the employee?

A) 39%
B) 61%
C) 100%
D) 50%

Answer 1

Christina Martel pays 39% of her health insurance premium, as the company covers 61% of the total cost.

Step-by-step explanation:

The question requires us to calculate the percentage of the health insurance premium that the employee, Christina Martel, pays. The company covers 61 percent of the total premium. This means that the remaining percentage must be covered by the employee. To determine this, we subtract the company's contribution percentage from 100 percent.

100% - 61% = 39%

Therefore, the percentage of the premium paid by the employee is 39%. The correct answer is option A) 39%.