1- Calculate the out-of-pocket payment in the following scenarios with different health insurance policies. Assume that copayments will not count toward deductible but will count toward the maximum out-of-pocket (catastrophic care) threshold. Scenario Cost of Annual Coinsurance Copayment Catastrophic Previous out- Out-of- care ($) Deductible ($) care threshold of-pocket pocket ($) payment ($ payment this year) ($) 10,000 1,000 20% 20 25,000 2 35,000 500 30% 5,000 100 10,000 15% 75,000 4 6,500 4,000 10% 50 50,000 200 1 0 30 40 3 800 650 A) Explain your general approach. Use step-by-step if-then statements. (10 points) B) Write down your calculations for each scenario. (20 points) C) Fill out the last column. (5 points) D) In which scenario do you think there is a higher possibility of moral hazard? Why? (5 points)