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in December 2019, Carlos accepted an invitation from friends to go snowboarding. Carlos did everything right: took a lesson, stayed on trails well within his

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in December 2019, Carlos accepted an invitation from friends to go snowboarding. Carlos 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 he thought it was a bit dorky to wear wrist guards and a helmet, his friends insisted that he take standard and reasonable safety measures Carlos was enjoying the day when, from out of nowhere (actually, the woods), came an out of control skler who ran into Carlos. Carlos was injured and taken to the nearest hospital by ambulance. Carlos's injuries included a broken wrist and elbow as well as cuts and bruises. Of biggest concern was the uncertainty of his head injury, Carlos spent a couple of days in intensive care. Fortunately, he didn't have a broken skull, but did have a concussion. Surgery was performed to repair the broken wrist and elbow. Since Carlos was in good health, his recovery was complete. Carlos returnda to full function in about six months. Soon after Carlos returned home, however, the medical bills for the ambulance, emergency room, Intensive care, medications, doctors, tests, and other services arrived. Carlos also had to have physical therapy for his wrist and elbow. His total medical expenses were $40,000. It was time to find out if all those premiums paid since 2016 would pay off for just one, albeit dramatic, incident Overall, Carlos's Insurance paid 75% of the total medical expenses, thus making him responsible for 5 Carlos's Insurance paid % of the expenses, or His out-of-pocket expenses for the accident of 5 plus the 2019 insurance premiums of S totaled If Carlos had canceled his health insurance at the end of 2018, his out-of-pocket expenses for the accident would have been case, did Carlos benefit from having health insurance? In this What are reasonable morals of the story? Check all that apply. Don't get sick. Your health can change in an instant Think long and hard about the best tradeoff of coverage and cost in a health care plan. It can be financially risky to go without health insurance Avold engaging in physical activity 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 Carlos paid for his premiums in full that he had, Instead, worked for a firm that paid 25% of his premiums for the same coverage. Instead of paying premiums of S over the years, Carlos would have paid S and saved $ In this case, Carlos's out-of-pocket expenses specific to his snowboarding accident would have been they actually were because in December 2019, Carlos accepted an invitation from friends to go snowboarding. Carlos 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 he thought it was a bit dorky to wear wrist guards and a helmet, his friends insisted that he take standard and reasonable safety measures Carlos was enjoying the day when, from out of nowhere (actually, the woods), came an out of control skler who ran into Carlos. Carlos was injured and taken to the nearest hospital by ambulance. Carlos's injuries included a broken wrist and elbow as well as cuts and bruises. Of biggest concern was the uncertainty of his head injury, Carlos spent a couple of days in intensive care. Fortunately, he didn't have a broken skull, but did have a concussion. Surgery was performed to repair the broken wrist and elbow. Since Carlos was in good health, his recovery was complete. Carlos returnda to full function in about six months. Soon after Carlos returned home, however, the medical bills for the ambulance, emergency room, Intensive care, medications, doctors, tests, and other services arrived. Carlos also had to have physical therapy for his wrist and elbow. His total medical expenses were $40,000. It was time to find out if all those premiums paid since 2016 would pay off for just one, albeit dramatic, incident Overall, Carlos's Insurance paid 75% of the total medical expenses, thus making him responsible for 5 Carlos's Insurance paid % of the expenses, or His out-of-pocket expenses for the accident of 5 plus the 2019 insurance premiums of S totaled If Carlos had canceled his health insurance at the end of 2018, his out-of-pocket expenses for the accident would have been case, did Carlos benefit from having health insurance? In this What are reasonable morals of the story? Check all that apply. Don't get sick. Your health can change in an instant Think long and hard about the best tradeoff of coverage and cost in a health care plan. It can be financially risky to go without health insurance Avold engaging in physical activity 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 Carlos paid for his premiums in full that he had, Instead, worked for a firm that paid 25% of his premiums for the same coverage. Instead of paying premiums of S over the years, Carlos would have paid S and saved $ In this case, Carlos's out-of-pocket expenses specific to his snowboarding accident would have been they actually were because

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