# There is a 1 percent chance that you will have healthcare bills of $100,000, a 19... ###### Question: There is a 1 percent chance that you will have healthcare bills of$100,000, a 19 percent chance that you will have healthcare bills of $10,000, a 60 percent chance that you will have healthcare bills of$500, and a 20 percent chance that you will have healthcwre bills of $0 a) Suppose now you have a policy with a$5,000 deductible. What will your expected out-of-pocket spending be? What will your expected insurance benefits be? Assumkng that a premium equals 116 percent of expected insurance benefits, do you prefer the policy with a $5,000 deducitble or complete coverage? ## Answers #### Similar Solved Questions 1 answer ##### How do s p and d orbitals differ? How do s p and d orbitals differ?... 1 answer ##### Recommendations for Primary Billary Cirrhosis Explain what the patient or nurse should do to continue the... Recommendations for Primary Billary Cirrhosis Explain what the patient or nurse should do to continue the recovery and improvement of the patient who has primary biliary cirrhosis.... 1 answer ##### State diagrams for Turing Machines. Suppose you are given a string w ∈ {0,1}* placed on a Turin... State diagrams for Turing Machines. Suppose you are given a string w ∈ {0,1}* placed on a Turing Machine tape. Give the state diagram for the Turing Machine required to take the initial string, w, and replace it on the tape with a new string, w′. The new string, w′, is formed by s... 1 answer ##### Marc a single taxpayer earns 133500 in taxable income and 4150 in interest from an investment... marc a single taxpayer earns 133500 in taxable income and 4150 in interest from an investment in city of Birmingham bonds. Using the US tax rate schedule for 2020, what is his current marginal tax rate? 85525-163300 and tax is 14605.50 plus 24% of the excess over 85525... 1 answer ##### Find the maximum amount of energy that can be absorbed by an electron in the hydrogen... Find the maximum amount of energy that can be absorbed by an electron in the hydrogen atom.... 1 answer ##### 4. Economics is sometimes broken down into different categories. 1. Define positive and normative economics. 2.... 4. Economics is sometimes broken down into different categories. 1. Define positive and normative economics. 2. Write your own example of a positive economic statement 3. Write your own example of a normative economic statement. Define microeconomics and macroeconomics. 5. Categorize the following a... 1 answer ##### Place an F to indicate which of the following is a sentence fragment or an S to indicate if it is a complete sentence Place an F to indicate which of the following is a sentence fragment or an S to indicate if it is a complete sentence.1. (S) Clyde refused.2. (F) In the heart of cottage country.3. (S) Inevitably, things change.Just making sure, since I'm not 100% sure on these 3. Correct me if I'm wrong.Tha... 1 answer ##### A$33,950 loan at 10.6% compounded semi-annually is to be paid off by a series of...
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