drop down option

1. A. neither she is broke

B. yes

C. No

2. A. the same as

B. more than

C. less than

3. A. her emplyer only contriubutes to oremiums

B. the more premiums her employer pays, the more coverage there is

C. the more premium her employer pays the less coverage there is

Cho's Premiums 2016 $4,479 4,704 2017 2018 4,824 5,049 2019 Total S Except for an occasional minor illness requiring a doctor's attention, a drug prescription, and periodic, routine tests, Cho enjoyed good health during those years. Because she had no reason to think that would change, by the end of 2018, Cho was considering dropping her health insurance coverage. After all, she could think of a lot of other uses for the thousands of dollars she spent each year on increasing premiums. Cho decided to pay premiums for another year but planned to take another look at her health care plan at the end of 2019. It Could Happen to You, It could happen to Me In December 2019, Cho accepted an invitation from friends to go snowboarding, Cho did everything right took a lesson, stayed on trails well within her skill level, and maintained an awareness of people and objects near her. Even though she thought it was a bit dorky to wear wrist guards and a helmet, her friends insisted that she take standard and reasonable safety measures. Cho was enjoying the day when, from out of nowhere (actually, the woods), came an out of control skler who ran into Cho. Cho was injured and taken to the nearest hospital by ambulance Cho's injuries included a broken wrist and elbow as well as cuts and bruises. Of biggest concern was the uncertainty of her head injury. Cho spent a couple of days in intensive care, Fortunately, she didn't have a broken skull, but did have a concussion Surgery was performed to repair the broken wrist and elbow. Since Cho was in good health, her recovery was complete. Cho returned to full function in about six months Soon after Cho returned home, however, the medical bills for the ambulanco, emergency room, intensive care, medications, doctors, tests, and other services arrived. Cho also had to have physical therapy for her wrist and elbow. Her total medical expenses were $35,000, it was time to find out if all those premiums paid since 2016 would pay off for just one, albeit dramatic, incident. % of the expenses, or Overall, Cho's insurance paid 75% of the total medical expenses, thus making her responsible for Cho's insurance paid Cho's insurance paid $ Her out-of-pocket expenses for the accident of S plus the 2019 insurance premiums of S totaled s In this of Cho had canceled her health Insurance at the end of 2018, her out-of-pocket expenses for the accident would have been s case, did Cho benefit from having health Insurance? What are reasonable morals of the story? Check all that apply. Don't get sick Avold engaging in physical activity. Your health can change in an instant Think long and hard about the best tradeoff of coverage and cost in a health care plan. Never leave the house. Some employers pay part or all of the health insurance premiums for employees who are enrolled in one of the company's sponsored plans. Assume that during the same time period that Cho paid for her premiums in full that she had, instead, worked for a firm that paid 25% of her premiums for the same coverage. Instead of paying premiums of S over the years, Cho would have paid S and saved S In this case, Cho's out-ofpocket expenses specific to her snowboarding accident would have been they actually were because