9. Benefit of health insurance - A cautionary tale In 2012 Yayoi became responsible for providing her own health insurance. She obtained suitable coverage and paid annual premiums for each yea coverage as shown in the following table. Compute Yayol's total premiums: Yayoi's Premiums 2012 $4,445 2013 4,724 2014 4,836 5,079 2015 Total Except for an occasional minor illness requiring a doctor's attention, perhaps a drug prescription, and periodic, routine tests, Yayol enjoyed good health during those years. There was never a reason to think that would change and by the end of 2014, she had considered dropping her health insurance coverage. After all, with premiums on the rise, Yayoi could think of many other uses for the thousands of dollars she spent each year, definitely much more than her medical bills since 2012. Yayoi decided to pay premiums for another year but planned to take another look at her health care plan at the end of 2015.