Careforall claimed that the best solution for her city is to provide free health care for all. The insurance companies replied that they will not be able to provide such a service. As a health adviser, you need to draft a proposal where you can design a health coverage that will be optimum for the citizen and provide insurance companies with a profitable market. Assume that the average cost of a preventative visit is $75 and the average cost of inpatient care is $2700 and that the current plan asks patients to contribute 25% of the cost as a copay. (Hint: Do not calculate lots of value. Based on the elasticities, suggest a plan to minimize the . change in revenue for insurers and increase benefit to citizens)

I need typed solution only. Show work.