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Only need help with B. High Medical Expenses (-$25,000/year) Low Medical Expenses (-$2,500/year) Blue FirstCare FirstCare Choice Bronze Gold Gold FirstCare Bronze FirstCare Blue Choice
Only need help with "B."
High Medical Expenses (-$25,000/year) Low Medical Expenses (-$2,500/year) Blue FirstCare FirstCare Choice Bronze Gold Gold FirstCare Bronze FirstCare Blue Choice Gold Gold Estimated Medical Cost: Out of Pocket Expenses: $2,500 $2,500 $2,500 $12,700 $12,700 $10,500 Annual Premium: $2,519.64 $3,255.12 $4,004.28 $2,519.64 $3,255.12 $4,004.28 $5,019.64 $,755.12 $6,504.28 $15,219.64 $15,955.12 $14,504.28 Total Cost: Which plan should they choose? And Why? b. Now suppose you are choosing the insurance for yourself. Based on your situation, what is your annual medical cost, and which insurance will you choose based on your family, history, lifestyle, etc.? Why Step by Step Solution
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