We analytically and numerically derive, using option-pricing techniques, the actuarially fair premium for the five most common deductible
Some of the more common deductible
job-search expenses are: the cost of resume preparation and distribution; job counseling and referral fees; employment agency fees; telephone charges related to seeking new employment; local and out-of-town travel for interviews (to the extent not reimbursed by the prospective employer); and subscriptions to daily newspapers with classified ads, Internet job-search sites, and professional journals and newsletters.
The most common deductible
level for an individual was $2,000 to $2,999.