Question
2] Suppose the government of Orwellia decides to genetically test all individuals for the risk of...
2] Suppose the government of Orwellia decides to genetically test all individuals for the risk of major illness, and reports the results of these tests to potential insurers when people apply for individual health insurance coverage. Will healthy people find working for large firms more, less, or equally attractive than before this testing program began? What about unhealthy peo- ple? Explain.
Answers
Healthy people will find it less attractive to work for large firms, because now they can purchase individual health insurance at a cheaper rate as they are healthy. But, joining the big firms, will make them pay higher premium as they have to go for the group health insurance. Hence, they have to pay more when working for the large organization. So, it becomes less attractive.
In contrast to it, unhealthy people will find more attractive to work for the large organization, as they will get group health insurance will relatively lower premium than that price what they have to give for individual health insurance. Hence, they will be in benefits if they join the large firms. Hence, it will be more attractive for them.
Similar Solved Questions
1 answers
Murray contributed $61,000 cash to the business, Taylor Murray, Attorney. The business issued common stock to...
Murray contributed $61,000 cash to the business, Taylor Murray, Attorney. The business issued common stock to Murray. Purchased office supplies, $800, and furniture, $1,300, on account. Performed legal services for a client and received $1,500 cash. Purchased a building with a market value of $90,00...
1 answers
Suppose you are navigating a spacecraft far from other objects. The mass of the spacecraft is...
Suppose you are navigating a spacecraft far from other objects. The mass of the spacecraft is 3.2 × 104 kg (about 32 tons). The rocket engines are shut off, and you're coasting along with a constant velocity of <0, 20, 0> km/s. As you pass the location <4, 2, 0> km you briefly ...
1 answers
Generalware, Inc. sells a single product and reports the following per unit information from sales of...
Generalware, Inc. sells a single product and reports the following per unit information from sales of 100,000 units: Per Unit Sales $ 45.00 Costs & expenses Direct materials 16.00 Direct labor 9.00 Variable overhead 3.00 Fixed overhead 8.10 Variable administrative 4.50 ...
1 answers
A citizen of police is currently living in the US at kendig State University where she...
a citizen of police is currently living in the US at kendig State University where she is a full-time student she originally filed form 1040 4-20-2017 but after the filing deadline had passed she realized she had forgotten to include income earned from the part-time job she also realize she did not ...
1 answers
Assume that air contains 21.0% O2, 78.0% N2, and 1.0% Ar by volume. Calculate air composition...
Assume that air contains 21.0% O2, 78.0% N2, and 1.0% Ar by volume. Calculate air composition by mass....
1 answers
Homework: MSL 4 Chptr 10 bonus Score: 0.29 of 1 pt 3 of 10 (10 complete)...
Homework: MSL 4 Chptr 10 bonus Score: 0.29 of 1 pt 3 of 10 (10 complete) HW Score: 70.1 10.2.39 Provided below are summary statistics for independent simple random samples from two populations. Use the pooled t-test and the pooled t-interv conduct the required hypothesis test and obtain the specifie...
1 answers
Questions The 3.00 kg block in the figure below is attached to a vertical rod by...
Questions The 3.00 kg block in the figure below is attached to a vertical rod by means of two cords. When the systems rotates about the axis of the rod the cards are extended as shown in the figure and the tension in the upper cord is 80.0 N (a) What is the tension in the lower cord b) How many revo...
1 answers
Dimitrov Corporation, a company that produces and sells a single product, has provided its contribut format...
Dimitrov Corporation, a company that produces and sells a single product, has provided its contribut format Income statement for July Varlable expenses Contribution margin FIxed expenses Net operating Income $375,000 225,000 150,000 103,500 $46,500 If the company sells 7,400 unlts, its net operating...
1 answers
Suppose particle A is 65 cm from particle B and that particle A has a charge...
Suppose particle A is 65 cm from particle B and that particle A has a charge of 6 mu C and that particle B has a charge of 11 pC. If k is 9 times 10^9 Nm^2/C^2, what is the force between the two particles?...
1 answers
For each phase (G1, G2, Prophase, Metaphase, Anaphase, & Telophase/Cytokineses) What are/ What is the: 1N...
For each phase (G1, G2, Prophase, Metaphase, Anaphase, & Telophase/Cytokineses) What are/ What is the: 1N 2N Linear DNA Chromosomes Replicated chromosomes Chromatids Centromeres Kinetochores Autosomes (chromosomes) Sex Chromosomes Paternal autosomes Paternal autosomal chromatids Maternal autosom...
1 answers
Question 7 < > Solve the initial-value problem using the Method of Undeterminded Coefficients: y' +...
Question 7 < > Solve the initial-value problem using the Method of Undeterminded Coefficients: y' + 4y = 10 cos(2t) y(0) = 1 y'(0) = 1 g(t) = Submit Question...
1 answers
What is a #"buffer solution"#, and how is it prepared?
What is a #"buffer solution"#, and how is it prepared?...
1 answers
Roe thut the differences quotient a funcHfon dained on a,b 2,2 SÎn (麦) ) 0 Proue thot q is difer...
Roe thut the differences quotient a funcHfon dained on a,b 2,2 SÎn (麦) ) 0 Proue thot q is diferentioble cer finuous on [. 3Give versien range's proo his remainder for Taylor's streor em f fis any tunctien defimed on E then foreach eCXy*), pe tru efntoger x,ard ll suffciently sm...
1 answers
Simple & Clear please Calculate the dimensions of (a) a cube containing 1 mol of copper...
Simple & Clear please Calculate the dimensions of (a) a cube containing 1 mol of copper and (b) a cube containing 1 mol of lead. (See Example 2.3.) PP 2.3 Density of copper: 8.96 g/cm, density of lead: 11.34 g/cm', atomic mass of copper (Cu): 63.55g/mol atomic mass of lead (Pb): 207.2g/mo...
1 answers
Need help with A, and B 4. Given f(x)=x? 4x.+5 ,find the following. Show all the...
need help with A, and B 4. Given f(x)=x? 4x.+5 ,find the following. Show all the steps: a. Use Fundamental Theorem of Calculus to find f (x) dx . 0 b. Determine the average value of f(x) for 0<x< 2....