MEDICAL CARE EXPENSES ANALYSIS USING LINEAR REGRESSION

Abstract

Medical expenses includes Health and Dental Insurance premiums, doctor and hospital visits, co-pays, prescription, and over-the-country drugs, glasses and contracts ,crutches and wheelchairs, to make a few. From 2018 & 2018, medical expenses are only deductible to the extent that exceed 7.5% of your Adjusted Gross Income(AGI). I am going to use Linear Regression algorithm for the analysis of medical care insurance. Linear Regression algorithm will help us to find out the expenses related to health care/ medical care. LIC is the best Health Insurance for medical expenses. According to the data collected by Health, the average premiums in 2018 is $440 per month respectively. With growing danger/risk of diseases , a sound health insurance policy is a shield around your family. With the help of linear regression we will find out the medical expenses required to the people all over INDIA.