Question
In: Economics
Is it fair that people who are careful about their BMI status and do not fall...
Is it fair that people who are careful about their BMI status and do not fall into categories of overweight or obese be required to pay increased premiums for their insurance to cover those employees who don't watch their weight, eat to excess, and don't exercise? (Health insurance operates through shared risk principles--younger, healthier people pay for those who are usually older and sicker). List three reasons why it would be fair--and three reasons why it wouldn't be fair.
Solutions
Expert Solution
It is fair.
Reasons are as below:
No.1) since there is no such mechanism for identifying persons who will definitely claim insurance coverage (health insurance), there is nothing wrong of sharing principle for charging insurance premium – those who have lesser risks of health damage may cover by paying higher premium.
No.2) it reduces the burden on older and sicker, since they may not have to pay high premium amount.
No.3) it promotes and encourages people to have health insurance. If there are specifications in terms of risk-wise premium payments, nobody would be interested of having health insurance.
It is not fair.
Reasons are as below:
No.1) this is unfair for those who are careful about their health but still paying higher premium amounts.
No.2) this may discourage of taking health insurance by healthy people.
No.3) it actually encourages those people who are leading unhealthy life (excess eating, smoking, etc.), since someone else is covering for them, which is completely unfair.
Rahul Sunny answered 9 months agoRelated Solutions
A. why might BMI not be a valid assessment of health status? B do you believe...
A. why might BMI not be a valid assessment of health
status?
B do you believe it is helpful for individuals to know their Bmi?
why or why not?
C Reflect on how you felt completing the BMI assessment activity
and what you take forward from this activity.
BMI= 70 (kg)1.752(m2)=22.86 (kg/m2) Calculate the BMI for this population, and the their corresponding nutritional status...
BMI= 70
(kg)1.752(m2)=22.86
(kg/m2)
Calculate the BMI for this population, and the their
corresponding nutritional status according to
table1. Use the following lists:
the list weight to store the weight data in
kg
the list height to store the height data
in
the list bmi to store the calculated body mass
index
the list status to store the nutritional
status of the population
The file contains 25000 records, displaying the entire data is
not convenient. In this case, we can...
A common design requirement is that an environment must fit the range of people who fall...
A common design requirement is that an environment must fit the
range of people who fall between the
5th
percentile for women and the
95th
percentile for men. In designing an assembly work table, the
sitting knee height must be considered, which is the distance from
the bottom of the feet to the top of the knee. Males have sitting
knee heights that are normally distributed with a mean of
21.9
in. and a standard deviation of
1.2
in. Females...
A common design requirement is that an environment must fit the range of people who fall...
A common design requirement is that an environment must fit the
range of people who fall between the 5th percentile for women and
the 95th percentile for men. In designing an assembly work table,
the sitting knee height must be considered, which is the distance
from the bottom of the feet to the top of the knee. Males have
sitting knee heights that are normally distributed with a mean of
21.8 in. and a standard deviation of 1.3 in. Females...
A common design requirement is that an environment must fit the range of people who fall...
A common design requirement is that an environment must fit the
range of people who fall between the
5th
percentile for women and the
95th
percentile for men. In designing an assembly work table, the
sitting knee height must be considered, which is the distance from
the bottom of the feet to the top of the knee. Males have sitting
knee heights that are normally distributed with a mean of
21.5
in. and a standard deviation of
1.2
in. Females...
A common design requirement is that an environment must fit the range of people who fall...
A common design requirement is that an environment must fit the
range of people who fall between the 5th percentile for women and
the 95th percentile for men. In designing an assembly work table,
the sitting knee height must be considered, which is the distance
from the bottom of the feet to the top of the knee. Males have
sitting knee heights that are normally distributed with a mean of
21.5 in. and a standard deviation of 1.1 in. Females...
Given the data of BMI of Freshman students at the beginning of Fall and Spring semester...
Given the data of BMI of Freshman students at the beginning of
Fall and Spring semester
- compute the correlation coefficient
- find the slope of the regression line
- find the intercept of the regression line
- draw the scatterplot of the data with the regression line
- predict the value of BMISP given the predictor BMIAP is
22.28
- what is the coefficient of determination and what does it tell
us?
BMIAP BMISP
18.14 22.02
17.44 19.7
22.43...
Fred is an 83-year-old male who is being admitted to the medical-surgical unit status post fall.
Fred is an 83-year-old male who is being admitted to the medical-surgical unit status post fall. He is alert and oriented and reports that while visiting a local casino with his wife Margaret earlier this evening, he tripped over a curb and fell landing on his right side. After receiving morphine in the emergency room prior to transfer to your unit, Fred is rating his pain at 6/10. He has multiple bruises from his jawbone to his knee as...
Fred is an 83-year-old male who is being admitted to the medical-surgical unit status post fall....
Fred is an 83-year-old male who is being admitted to the
medical-surgical unit status post fall. He is alert and oriented
and reports that while visiting a local casino with his wife
Margaret earlier this evening, he tripped over a curb and fell
landing on his right side. After receiving morphine in the
emergency room prior to transfer to your unit, Fred is rating his
pain at 6/10. He has multiple bruises from his jawbone to his knee
as well...
1) Which of the following statements about groups is true? A) The formal leader B) People who do not conform to group roles are given high status by the group C) People generally play one role co...
1) Which of the following statements about groups is true?
A) The formal leader should never perform evaluator roles if group members fail to carry them out on time.
B) People who do not conform to group roles are given high status by the group.
C) People generally play one role consistently throughout their lives.
D) Only task roles are important to group effectiveness.
E) Many of the top 1,000 U.S. companies currently use some form of self-managed teams.
2)...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Rotating bits in C This rotates bits to the left which means the bits that were...
- Implement a method that meets the following requirements: (a) Takes as parameter 1) an int array...
- Write a function that takes a binary search tree as input and produces a linked list...
- XYZ Company is considering purchasing a piece of equipment costing $400,000. It has a useful life...
- Reflection of the short film "How Wolves Change Rivers" and Aldo Leopold's "Thinking Like A Mountain".
- What kind of rebar would be most cost effective for foundation? Would it be to design...
- Why would UnderArmour want to be sure that consumers can clearly see different models ( about...
ADVERTISEMENT