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Author Question: Suppose a comprehensive plan applies to 2,000 low-risk people and 1,000 high-risk people opting for ... (Read 148 times)

clippers!

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on: Jun 30, 2018
Suppose a comprehensive plan applies to 2,000 low-risk people and 1,000 high-risk people opting for insurance coverage. If the average claim submitted by low-risk people is 200 while that submitted by high-risk people is 2,000 . what would be the net benefit accrued by a high-risk person paying the break even premium charged by the insurance company?
 a. -300
  b. 1,800
  c. 1,200
  d. -400

Question 2

Owners claim residual income.
  Indicate whether the statement is true or false


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mammy1697

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

True


clippers!

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Reply #2 on: Jun 30, 2018
Correct answers!


mammy1697

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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