Answer to Question #92322 in Microeconomics for arab

Question #92322
Suppose in a given state's new insurance marketplace, with community rating and no restrictions, the risk pool is:

30% of eligible enrollees' expected health costs = $1,000 (per year)
65% = $2,000
5% = $10,000
what will be the community premium rate for this pool
1
Expert's answer
2019-08-06T10:41:08-0400

0.3(1000)+0.65(2000)+0.05(10000) = $2100


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