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Thanks to everyone who gives me feedback on this question! I am really stuck, an

ID: 2767971 • Letter: T

Question

Thanks to everyone who gives me feedback on this question! I am really stuck, and have been struggling for a while! Please make answers very clear, appriciate it!

The insurance death spiral Suppose that within a given city, men ages 65 and older fall into one of four health categories: very healthy, healthy, unhealthy, and very unhealthy. As a part of the new PPACA, the government has mandated that insurance companies must charge the same premium to all people within a given gender, age, and geographic region. The insurance company must determine the premium it should charge to all people in this category so that it can cover the total cost of care...

Explanation / Answer

Answers to table:

22,500

112,500

65,000

275,000

Total - 850 and 475,000

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