Question: Discuss the basic concept of risk shifting and risk-sharing underlining insurance business and adverse selection as it occurred with respect to those seeking and not

Discuss the basic concept of risk shifting and risk-sharing underlining insurance business and adverse selection as it occurred with respect to those seeking and not seeking cover under the affordable care act.

What is risk shifting and risk-sharing?

How does it relate to the Affordable care act?

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Solution Risk shifting and risksharing are fundamental concepts in the insurance industry Risk shifting refers to transferring risks from one party to another typically from an individual to an insura... View full answer

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