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11 12 BestCare Health Insurer vs. Green Valley Nursing Home Inc. 13 I. Consider BestCare Health Insurer's Income Statement below: 14 15 16 17

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11 12 BestCare Health Insurer vs. Green Valley Nursing Home Inc. 13 I. Consider BestCare Health Insurer's Income Statement below: 14 15 16 17 18 BestCare Health Insurer Statement of Operations Year Ended June 30, 2016 (in Thousands) 19 Revenues: 20 Healthcare Premiums 21 Fees and Other Revenue 22 23 24 25 Net Investment Income Total revenues Benefits and Expenses: 26,682 1,689 242 28,613 26 Healthcare Costs 15,154 27 Operating Expenses: 28 Selling Expenses 3,963 29 General/administrative Expenses 7,893 30 Interest Expense 385 31 Total Benefits and Expenses 27,395 32 33 NET INCOME 1,218 34 35 36 37 38 a. What is BestCare's total profit margin? Sheet1 Rearty

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