*Calculate the actuarially fair premium. (For 1-10) "The loading factor if the insurance company charged a premium that would give the individual the same level of expected utility without insurance. Individual Wealth Prsick) Cost of being sick co Nauwn $210,000 $160,000 $90,000 $120,000 $230,000 $250,000 $50,000 $200,000 $100,000 $190,000 0.25 0.25 0.20 0.05 0.05 0.05 0.25 0.20 0.10 0.05 $5,000 $25,000 $10,000 $10,000 $5,000 $25,000 $20,000 $25,000 $15,000 $15,000 = 10