II User pays ($) DELL Type here to search $500 ded plan Estimated medical costs ($) 0007 0009 000s 000 000€ 0001 009 +++ 000L 00 006 000z Joszz 000€ $1000 ded plan + 000 $2000 ded plan $500 ded plan 0009 the most for estimated medical costs of $3,000? health insurance plans with different deductibles. For which plan does the user pay The figure shows estimated medical costs versus what a user actually pays for three

II User pays ($) DELL Type here to search $500 ded plan Estimated medical costs ($) 0007 0009 000s 000 000€ 0001 009 +++ 000L 00 006 000z Joszz 000€ $1000 ded plan + 000 $2000 ded plan $500 ded plan 0009 the most for estimated medical costs of $3,000? health insurance plans with different deductibles. For which plan does the user pay The figure shows estimated medical costs versus what a user actually pays for three

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Suppose in a given state's new insurance marketplace, with community rating and no restrictions on who can buy at the community rate, the risk pool (distribution of expected health costs) is as follows: 20% of eligible enrollees' expected health costs = $1,000 (per year) 50% of eligible enrollees' expected health costs = $2,000 10% of eligible enrollees' expected health costs = $3,000 20% of eligible enrollees' expected health costs = $6,000 What would the community premium rate for this risk pool be if we also assume 10% loading costs for the insurer to cover its admin costs.
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