kadia chose the hmo family plan. her employer will pay 40% of the cost of her premium. true or false: the…

kadia chose the hmo family plan. her employer will pay 40% of the cost of her premium. true or false: the amount that kadia will have to pay each year is $2,124. \ntrue \nfalse \n\n| | hmo | ppo |\n|-------|--------|--------|\n| single| $2,100 | $3,360 |\n| family| $3,540 | $4,860 |

kadia chose the hmo family plan. her employer will pay 40% of the cost of her premium. true or false: the amount that kadia will have to pay each year is $2,124. \ntrue \nfalse \n\n| | hmo | ppo |\n|-------|--------|--------|\n| single| $2,100 | $3,360 |\n| family| $3,540 | $4,860 |

Answer

Explanation:

Step1: Identify the HMO family plan cost

The HMO family plan cost is $3,540 per year.

Step2: Calculate employer's contribution (40% of total cost)

Employer pays 40%, so employee pays 60% (100% - 40% = 60%). Employee's payment = 60% of $3,540 = $3,540 × 0.6

Step3: Compute the employee's payment

$3,540 × 0.6 = $2,124

Answer:

True