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Author Question: Adverse selection occurs in the health insurance market because: (Read 127 times)

newbem

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Adverse selection occurs in the health insurance market because:
◦ health care markets are unregulated.
◦ it is difficult for insurance companies to distinguish between high risk and low risk customers.
◦ the least healthy people are the least likely to acquire insurance.
◦ people cannot predict their future health status.


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Marked as best answer by newbem on Jul 21, 2019

pikon

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newbem

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Reply 2 on: Jul 21, 2019
Excellent


Hdosisshsbshs

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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