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Trey's New Insurance Policy Covers Emergency Allergy Relief Medication Called

Question 26

Essay

Trey's new insurance policy covers emergency allergy relief medication called an epi-pen. Without insurance, Trey was buying 2 pens per year at a cost of $80 per pen. With insurance, Trey now pays $5 per pen and buys 8 pens, keeping one in his glove compartment, one at his desk, one in his gym bag and so on. Is Trey better off under the new plan? Is there anyone who is worse off under the new plan?

Correct Answer:

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Trey is better off. He gets 6 more pens ...

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