The Pre-Existing Condition Insurance Plan is a federally administered part of the Affordable Care Act, and is designed for people with pre-existing medical conditions to obtain insurance. By offering health insurance to all U.S.
citizens with pre-existing medical conditions, the Pre-Existing Condition Insurance Plan eliminates ________ for both the insurer and the insured, and eliminates ________ for the issuer of the insurance policy.
A) the principal-agent problem; moral hazard B) adverse selection; the principal-agent problem
C) asymmetric information; adverse selection D) moral hazard; adverse selection
Question 2
Consider the following economic agents:
a. the government
b. consumers
c. producers
Who, in a modern mixed economy, decides what goods and services will be produced with the scarce resources available in that economy?
A) producers
B) consumers
C) the government, consumers, and producers
D) the government
E) consumers and producers
The segmented body plan of an annelid, as illustrated by an earthworm.
The Many Faces of Life (Part 2)
Man undergoing a stress test on a treadmill while physician monitors his condition
Patients should be encouraged to bring to their health care visit all the substances that they take,
Culturally competent care
A cowbird with its foster parent. A female cowbird minimizes her cost of parental care by laying her