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Cuba Cuba
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Posts: 2658
Rep: 7 0
8 years ago
The cost of group health insurance is generally lower than if a person buys an individual policy because
A) it is easier for an insurance company to deny claims from a group policy.
B) the problem of adverse selection is reduced.
C) insuring a group of people eliminates the problem of policy holders having more information than the insurance company.
D) this eliminates the problem of moral hazard.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
Read 331 times
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IloveChiIloveChi
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Posts: 2595
8 years ago
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Cuba Author
wrote...
8 years ago
Exactly what I needed, thanks a million.
wrote...
8 years ago
You're welcome.

Feels nice to be right Face with Stuck-out Tongue

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