Draw the payoff diagrams for the following: A high deductible health insurance plan with a maximum out of pocket expense of $12,000 a year A traditional health insurance plan with no deductible but a co-pay of 10% on all healthcare expenses; no maximum out of pocket expenditure limit is specified No health insurance coverage What is the underlying? What type of option is a healthcare insurance (please specify long or short, call or put, or a combination)