Explain why the 30-year old in the first year of coverage has a lower mortality expectation than a 30-year old in the 6th year of coverage.

By increasing demand, health insurance creates a. A deadweight loss related to overconsumption. b. A deadweight loss related to underconsumption. c. Neither of the above.

James stilton is the chiel executive officer (CEO) of RightLiving, Inc., a company that buys life insurance policies at a discount from terminally ill person and sells the policies to investors. RightLiving pays the terminally ill patients a percentage of the future dealth benefits. he patient receives the cash to use for medical and other expenses, and the investors are "gauranteed" a postive return on thier investtment. The diffrence between the purchase and sale prices is RightLiving's profit.  Stilton is aware that some sick patients may obatin insurance policies through fraud (by not rvealing thier illness on the insurance appolication). An insurance company that discovers such fraud will cancel the policy and refuse to pay. Stilton bellieves that most of the policies he has purchased are ligitmate, but he knows that some are probly not.  Question Would a person who aheres to the principles of rights consider it ethical for Stilton not to disclose the potential risk of…

Terrell is the insured under a $100,000 whole life insurance policy. Terrell's planner has recommended that the policy be replaced with a new $100,000 universal life policy on Terrell. If this replacement takes place, which of the following will result? Terrell's new policy will cover suicide immediately. Terrell's new policy will be incontestable immediately. Terrell's new policy will not require underwriting. Terrell's new policy's premium will be based on his attained age.

question 7. Fill in the blank. The following table contains select data concerning several outpatient clinics in a new ambulatory care center at Hope University Hospital. Fill in the missing information

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