Problem
Suppose that a medical specialist charges $300 per consultation. If your insurance charges you a $25 co-pay, what is the marginal cost of your consultation? Suppose that a second patient has a different policy that requires a 25% coinsurance payment, but no co-pay. What is the second patient's marginal cost of the consultation? Which patient is more likely to see the specialist?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.