Explain how one insurance contract can provide incentives to:

a. Choose a more or less expensive hospital.

b. Spend more or fewer days in the hospital.

c. Choose a more or less expensive surgeon.

d. Use more or fewer drugs.

e. Use more- or less-expensive drug

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The detailed answer for the above question is provided below heres how an insurance contract can provide incentives for each scenario a Choosing a mor... View the full answer