You are working for a health insurance company. For the 2000 people you insure, the amount they see the doctor in a year are:

# of People	Number of visits
750	0
600	1
590	4
60	10

1. Using these figures, figure out the fair premium if there is:

1. No co-payment or deductible and the fee is $150 per visit
2. No co-payment or deductible and the fee is $200 per visit
3. A co-payment of $10 and the fee is $200 per visit
4. A co-payment of $50 and the fee is $200 per visit
5. Annual deductible of $250 and the fee is $200 per visit

b) Now supposed there are two types of people those without a chronic condition and those with a chronic condition. And suppose that those with a chronic condition use healthcare more than those without:

Without a chronic condition		With a chronic condition
# of People	Number of visits	# of People	Number of visits
750	0	0	0
150	1	450	1
90	4	500	4
10	10	50	10