The Leroux firm can reduce the costs of regular health care without driving up the price by reduce the co-pay amounts but increase the annual deductible so that the monthly premium can stay the same.
<h3>What is a health care insurance?</h3>
This is a health insurance that provide coverage for expenses arising from health issues.
If the firm want to reduce the costs of regular health care without driving up the price of their health care plan, then, its need to reduce the co-pay amounts but increase the annual deductible so that the monthly premium can stay the same.
In forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.
<h3>What are forward and futures contracts?</h3>
The difference between a forward and futures contract lies in their establishment.
A forward contract is a personal arrangement traded over the counter whereas, a futures contract is a standardized contract made through an established exchange.
Thus, in forward and futures contracts, the risk of non-fulfillment of contract terms is most likely borne by <u>both parties</u><u> to the contract</u>.
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.