please carefully answer 3,4,5. I will give you a like!

Assume the average annual expected health care costs per person are distributed as follows: e \#2: Group Health Insurance Company ABC wants Health USA to provide insurance to all of its employees, and wants the same premium to apply to all employees regardless of their health status. Company ABC will subsidize the premium so that each employee only pays 10% of the premium that they would normally pay if the insurance was not subsidized. Company ABC pays the remaining 90% of the premium. 2. Assuming the same cost distribution as in Case \#1 and assuming the same 3X rule as before, at what level should Health USA set the premium (average premium per employee) to enable Health USA to breakeven? (Note: the average premium per employee is the TOTAL premium per employee including the portion paid by Company ABC, NOT just the portion paid by the employee!) You must show your work. 3. Why does the employer contribution change the expected cost so dramatically? What is the primary risk that this contribution impacts and why does it change? What is the benefit of the employer contribution for the insurance company and the employee? 4. In Assignment \#3, most students recognized that a prohibition on underwriting was a bad idea for the individual health insurer because it could not risk classify and therefore constantly lost money due to Adverse Selection. What is your opinion of being in the Group health insurance business, where most large employers want health insurance to be available to ALL of the employees and therefore insurance companies do not underwrite (risk classify)? 5. Would you have concerns if the company paid 100% for a base benefit (for example, a flat $100,000 face amount life policy) for each employee that all employees received and then offered another $100,000 on a voluntary basis to emplovees who were interested. The employee would pay for the second $100,000 of coverage. What would the actuary pricing this coverage have to consider? Assume the average annual expected health care costs per person are distributed as follows: e \#2: Group Health Insurance Company ABC wants Health USA to provide insurance to all of its employees, and wants the same premium to apply to all employees regardless of their health status. Company ABC will subsidize the premium so that each employee only pays 10% of the premium that they would normally pay if the insurance was not subsidized. Company ABC pays the remaining 90% of the premium. 2. Assuming the same cost distribution as in Case \#1 and assuming the same 3X rule as before, at what level should Health USA set the premium (average premium per employee) to enable Health USA to breakeven? (Note: the average premium per employee is the TOTAL premium per employee including the portion paid by Company ABC, NOT just the portion paid by the employee!) You must show your work. 3. Why does the employer contribution change the expected cost so dramatically? What is the primary risk that this contribution impacts and why does it change? What is the benefit of the employer contribution for the insurance company and the employee? 4. In Assignment \#3, most students recognized that a prohibition on underwriting was a bad idea for the individual health insurer because it could not risk classify and therefore constantly lost money due to Adverse Selection. What is your opinion of being in the Group health insurance business, where most large employers want health insurance to be available to ALL of the employees and therefore insurance companies do not underwrite (risk classify)? 5. Would you have concerns if the company paid 100% for a base benefit (for example, a flat $100,000 face amount life policy) for each employee that all employees received and then offered another $100,000 on a voluntary basis to emplovees who were interested. The employee would pay for the second $100,000 of coverage. What would the actuary pricing this coverage have to consider