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Tidy Tidy
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8 years ago
The cost of group health insurance is lower than if an individual buys a policy on his own because
A) the problem of adverse selection is reduced.
B) moral hazard costs of a group tend to move to a low average.
C) it is easier for the company to deny claims from a large group.
D) insuring a group eliminates the problem of buyers having more information than the seller.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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VincenzoDVincenzoD
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8 years ago
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Tidy Author
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8 years ago
Correct Slight Smile TY
mikey3091
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This helped my grade so much Perfect
riptide
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2 hours ago
Thanks for your help!!
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