Health insurance

by | Nov 17, 2021 | Homework Help

A health insurance company charges policyholders a $2250 annual premium for health insurance for hospitalization. The company estimates that each time a patient is hospitalized costs the company $3200.  Furthermore, they have estimated that 85% of patients will not be hospitalized, 10% will be hospitalized once a year, and no one will be hospitalized more than twice…..

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