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Consider the following income statement BestCare Health Insurer Statement of Operations Year Ended June 30, 2016 (in thousand) Revenue: Healthcare premiums $26,682 Fees and other

Consider the following income statement

BestCare Health Insurer Statement of Operations Year Ended June 30, 2016 (in thousand)

Revenue:

Healthcare premiums $26,682

Fees and other revenue 1689

Net investment income 242

Total revenues $28613

Benefits and expenses:

Healthcare costs. $15,154

Operating expenses:

Selling expenses. 39632

General and Administrative expenses 7893

Interest expense. 385

Total benefits and expenses $27395

Net income. $1218

a- Compare and contrast the income statement with the ones presented in exhibits 11.1 and 11.2.

b- What is BestCares total margin? How can it be interpreted?

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