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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Which of the following is not an advantage of risk pooling?
A) By insuring large groups as opposed to individuals, health insurance providers reduce adverse selection.
B) It gives very sick people in the group the same access to health care and to pay the same premiums as healthy individuals.
C) It is easier for an insurance company to estimate the average number of claims likely to be filed under a group policy than it is to predict the number of claims likely to be filed under an individual policy.
D) Individuals who are insured and therefore do not have to pay the full cost of health care services may be inclined to over-use those services.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 263 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Tidy Author
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8 years ago
Thank you, thank you, thank you!
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Yesterday
Helped a lot
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2 hours ago
You make an excellent tutor!
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