In 2016, Antonio became responsible for providing his own health insurance, He obtained sultable coverage and paid annual premiums as shown in the following table. Compute Antonio's total premiums: Except for an occasional minor illness requiring a doctor's attention, a drug prescription, and periodic, routine tests, Antonio enjoyed good health during those years. Because he had no reason to think that would change, by the end of 2018 , Antonio was considering dropping his health insurance coverage. After all, he could think of a lot of other uses for the thousands of dollars he spent each year on increasing premiums, Antonio decided to pay premiums for another year but planned to take another look at his health care plan at the end of 2019. It Could Happen to You, It Could Happen to Me In December 2019, Antonio accepted an invitation from friends to go snowbearding. Antonio did everything right: took a lesson, stayed on trails well within his skill level, and maintained an awareness of people and objects near him. Even though hethought it was a bit dorky to wear wrist guards and a helmet, his friends insisted that he take standard and reasonabie safety measures. Antonio was enjoying the day when, from cut of nowhere (actually, the woods), came an out of control skier who ran into Antonio. Antonio was injured and taken to the nearest hospital by ambulance. Antonto's infunes included a broken wrist and elbow as well as cuts and bruises, or biggest concern was the uncertainty of his head injury. Antonio spent a couple of days in intensive care. Fortunately, he didnt have a broken skull, but did have a concussion, Surgery was performed to repair the broken wrist and elbow. Since Antonio was in good health, his recovery was complete. Antonio returned to full function in about six months. Soon after Antonio returned home, however, the medical buls for the ambulance, emergency room, intensive care, medications, doctors, tests, and other services arrived. Antonio also had to have physical therapy for his wrist and elbow. His total medical expenses were 535,000 . It was time to find out if all those premiums paid since 2016 would pay off for just one, albeit dramatic, incident. Overall, Antonio's insurance paid 80% of the total medical expenses, thus making him responsibie for \% of the expenses, or - Antonio's insurance paid His out-of-pocket expenses for the accident of plus the 2019 insurance premiums of totaled If Antonio had canceled his health insurance at the end of 2018, his out-of-pocket expenses for the accident would have been case, did Antonlo beneft from having health insurance? What are reasonable morals of the story? Check all that apply. Don't get sick. Never leave the house. Your health can change in an instant: It can be financially risky to go without health insurance. Think long and hard about the best tradeoff of coverage and cost in a health care plan. Some employers pay part or all of the health insurance premlums for employees who are enrolied in one of the company's sponsored plansi Assume that during the same time period that Antonlo paid for his premiums in full that he had, insteod, worked for a firm that paid 75% of his premiums for the same coverage. Instead of paying premiums of over the years, Antonio would have paid and saved In this case, Antonio's out-of-pocket expenses specific to his snowboarding accident would have been they actually were because