Question

According to the Kaiser Family Foundation, U.S. workers who had employer-provided health insur-
ance paid an average premium of $4129 for family coverage during 2011 (USA TODAY, October 10, 2011).
Suppose that the premiums for such family coverage paid this year by all such workers have a bell-shaped
distribution with a mean of $4129 and a standard deviation of $600. Using the empirical rule, find the ap-
proximate percentage of such workers who pay premiums for such family coverage between
a. $2329 and $5929 1. $3529 and $4729 c. $2929 and $5329

Answer 1

Answer:

Employers Pay 82 Percent of Health Insurance for Single Coverage. In 2019, the average company-provided health insurance policy totaled $7,188 a year for single coverage. On average, employers paid 82 percent of the premium, or $5,946 a year. Employees paid the remaining 18 percent, or $1,242 a year.