[Solved]: 3 Eric, Matt, and Anne are all team members of an…

3 Eric, Matt, and Anne are all team members of an organization. All three of them are covered under a group plan. Eric is a 51-year-old non-smoker with minor health issues. Matt is 43 years old and smokes occasionally. He was recently diagnosed with diabetes. Anne is 29 years old and never smokes. Her health status is good. Which of the following statements about their group insurance premiums is true?RzBnYOkwV3RMeWYwd3JHZ3pLNktpQT09 a. O Eric, Matt, and Anne will pay the same premium for coverage under the group plan.b. Anne will pay the lowest premium because of her age, gender, and health status.c.O Eric will pay the highest premium because of his age and health status.d. O. Matt will pay the highest premium because he smokes and has diabetes.