Steven currently has health insurance through his company. It costs $3,050 per year and his employer covers

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Question:

Steven currently has health insurance through his company. It costs $3,050 per year and his employer covers 70%. He is considering changing to a different health care provider. If he switches, the company will cover 75% of the cost, and it will cost $3,425 per year.

What is the best choice for Steven?