The large-loss principle says that one is better off paying a higher initial portion of any loss and expanding the coverage for the largest and most catastrophic losses. In health care planning, this would mean selecting a health care plan with a high deductible for your health care expenses and a longer waiting period and longer benefit period for your disability income and long-term care insurance plans. Talk to three students in your personal finance class on their views of this approach. Also talk to three people outside of your class who are covered by a health care plan for their views. Write a summary of the responses of these two groups and how their views affect your own thinking about the large-loss principle.