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A company with 617 employees had the following expenses this year (2018): Cost (each) 14 hospitalizations$5,600 37 physical therapy sessions$340 9 births$1,800 4.1 physician visits

A company with 617 employees had the following expenses this year (2018):
Cost (each)
14 hospitalizations$5,600
37 physical therapy sessions$340
9 births$1,800
4.1 physician visits per employee$55
2.4 prescriptions filled per employee$21
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image text in transcribed
Populate your answers within the columns below: Expenditure in 2018 Cost each s Total costs 14 hospitalizations 37 physical therapy 19 births 4.1 physician visits per employee 2.4 prescriptions filled per employee Total expenditures in 2018 Assuming that the cost of medical care rises 7 percent over the next year, what would the actuarially fair premium be for the next year (2019) Total expected expenditure in 2019 Actuarially fair premium per employee Populate your answers within the columns below: Expenditure in 2018 Cost each s Total cost s 14 hospitalizations 37 physical therapy 19 births 4.1 physician visits per employee 2.4 prescriptions filled per employee Total expenditures in 2018 Assuming that the cost of medical care rises 7 percent over the next year, what would the actuarially fair premium be for the next year (2019)? Total expected expenditure in 2019 Actuarially fair premium per employee

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