Question: 2 0 2 3 EE Internal Owner Monthly Contributions Benefit Class Medical - Single Dental - Single Vision - Single Medical - Single Dental Base

2023 EE Internal Owner Monthly Contributions
Benefit Class Medical - Single Dental - Single Vision - Single Medical - Single Dental Base - Single
Barganing Unit EE premium contribution 20%27%17%
Barganing Unit ER premium contribution 80%73%83%
Medical Monthly Total $498.95
Dental Monthly Total $36.72
Vision Monthly Total $12.02
1) Based on the information above for the total monthly premiums for Medical, Dental, and Vision, calculate the following:
1a) Internal Owner's Monthly Premium
1b) Internal Owners's Weekly Premium
1c) Northern's Monthly Premium
1d) Northern's Weekly Premium
**Please note: We will be looking for correct formulas used, and how you calculated each premium.
Payment schedule for Benefit Premiums
Internal Owner Week #
Date Benefit Type Weekly Total Owed # Weeks Owed # Weeks to Catch Up Weekly Catch Up Amount Regular Weekly Amount Weekly Premium Total 1
4/7/2023 Medical 52
Dental 52
Vision 52
Weekly Catch-up Total Combined Total
Date Benefit Type Weekly Total Owed # Weeks Owed # Weeks to Catch Up Weekly Catch Up Amount Regular Weekly Amount Weekly Premium Total 2
4/14/2023 Medical 52
Dental 52
Vision 52
Weekly Catch-up Total Combined Total
1) From the first exercise on Tab 1, please use the Internal Owner's weekly premium for the Weekly Total Owed amount and calculate the following:
1a) Weekly Catch Up Amount
1b) Regular Weekly Amount
1c) Weekly Premium Total
1d) Weekly Catch Up Total
1e) Combine Total
**Please note: We will be looking for correct formulas used, and how you calculated the totals.

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