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At Richardson Manufacturing Company, there are two factors that determine the cost of health care. If an employee makes less than $55,000 per year, he pays $40 per month for individual coverage and $85 per month for family coverage. If an employee makes at least $55,000 per year, individual coverage is $70 per month and family coverage is $165 per month.
a. Arielle is an office assistant at Richardson. She makes $47,700 per year. She has individual health care. Her yearly contribution is 5% of the total cost. How much does her employer contribute?
b. Catherine is a department manager at Richardson. Her annual salary is $68,300. She has family health care. Her employer contributes $935 per month towards her total coverage cost. What percent does Catherine contribute toward the total coverage? |
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