Refer to exercise 6.1. If an insurer sold 100,000 policies at 6,000, what would revenue be? What…


Refer to use 6.1. If an insurer sold 100,000 policies at 6,000, what would revenue be? What would medical costs be if the insurer hired for anything and low-risk patients were 90 percent of the population? How would that veer if low-risk patients were 92 percent of the population?

use 6.1

An prophylactic traffic consists of high-risk patients, who middle 40,000 in spending per year, and low-risk patients, who middle 1,000 per year. Overall, low-risk patients delineate 90 percent of the population. What would middle spending be for a population relish this?