1. You are 35, single, and in reasonably good health. You have the choice of three health insurance plans offered by your employer. The first has a lifetime benefit of $1 million for all covered expenses, an annual deductible of $500, and a 15 percent coinsurance provision up to the first $2,000 in covered charges. The second requires a monthly premium of $50 and sets a $500,000 lifetime limit on benefits, no annual deductible, and a $25 co-payment per office visit. The third has an annual deductible of $250 and a 25 percent coinsurance provision up to the first $1,500 in covered charges, with a lifetime limit of benefits of $700,000. Which of these three plans makes the most sense for you?