This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Average annual malpractice cost is $165,000 for reckless doctors and $10,000 for careful doctors. If ... (Read 359 times)

desireelg_7

  • Full Member
  • ***
  • Posts: 146
on: Nov 23, 2022

Question 1

The Insurance Market

Suppose you have a health insurance policy with a $350 deductible and 40 percent coinsurance. If you receive a medical bill for $2,500, how much will you pay out-of-pocket?
Please round your final answer to two decimal places.
◦ $1,350.00
◦ $1,640.00
◦ $1,850.00
◦ $1,210.00

Question 2

Average annual malpractice cost is $165,000 for reckless doctors and $10,000 for careful doctors. If 7 percent of an insurance company's insured doctors are reckless, at what premium will the insurance company earn zero economic profit?
Please round your final answer to two decimal places.
◦ $154,150.00
◦ $20,850.00
◦ $2,250.00
◦ $152,750.00
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by desireelg_7 on Nov 23, 2022

koswald

  • Full Member
  • ***
  • Posts: 148
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


desireelg_7

  • Member
  • Posts: 146
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Annual net primary productivity on Earth. Annual net primary productivity on Earth.
(a) Mean duration (days) and (b) average maximum depth (mm) of snow cover throughout northern latitu (a) Mean duration (days) and (b) average maximum depth (mm) of snow cover throughout northern latitu
How to find the average value of a function How to find the average value of a function
How to find the average atomic mass of an element How to find the average atomic mass of an element
Cost of Laptops Cost of Laptops
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library