Question: 12 Homework Back to Assignment dy Tools Attempts Keep the Highest / 2 2. Imperfections in the health insurance market Tips Suppose Sean pays a

12 Homework Back to Assignment dy Tools Attempts Keep the Highest / 2 2. Imperfections in the health insurance market Tips Suppose Sean pays a monthly premium for health insurance through his employer. After paying the monthly premium, all subsequent medical costs, Tips such as doctor's visits, would be paid for by the insurance. The cost of a doctor's visit without insurance is $500. Since Sean doesn't pay the true cost of a doctor's visit, he is likely to visit the doctor _ frequently than he would if he didn't have health insurance. This issue in the health insurance market is known as True or False: The United States pays more for health care, as a percentage of GDP, than other developed countries. True ent: A False Grade It Now Save & Continu Continue without saving MacBook Air F11 * 0O X N

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