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5. Pete works for a company that provides him health insurance on non-contributory basis. His employer spends $4,200 on this health insurance. What is the
5. Pete works for a company that provides him health insurance on non-contributory basis. His employer spends $4,200 on this health insurance. What is the pre-tax salary equivalent of this tax free benefit if his tax rate is 23%? (3 points) 6. Donna is enrolled in a medical plan from her job at Aramark. The plan features a $1,200 deductible and 75% coinsurance. She cuts his leg and needs treatment at the local Urgent care center. This is the only claim he has all year. The cost of the hospital visit was $7,500. How much does the insurance pay OF THE $7,500? (3 points)
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