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Other Fields Homework Help Economics Topic started by: zar on Jul 22, 2019



Title: One consequence of imperfect information in the health insurance market is that:
Post by: zar on Jul 22, 2019
One consequence of imperfect information in the health insurance market is that:

▸ unhealthy individuals are denied health insurance.

▸ less healthy individuals are more likely to buy insurance, driving up the cost of insurance for everyone.

▸ health insurance increases the demand for health care and so increases the price of health care.

▸ the most healthy individuals are more likely to buy insurance, leaving the least healthy without access to health care.


Title: One consequence of imperfect information in the health insurance market is that:
Post by: jrhome1985! on Jul 22, 2019
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