Question

Suppose you have health insurance that is partially funded by the company you work for. They have agreed to pay 85% of your coverage. What percent of your insurance coverage will you be paying? Show your work.

Answer 1

The Solution.

Your company partially funds 85% of the total coverage. That gives

`85\text{ \%}`

The percent of the insurance coverage that will be paid by you is

`100-85=15\text{ \%}`

Thus, the correct answer is 15%.