Suppose each persons health expenditures can be predicted with certainty by both the insured and the insurer.
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Suppose each person’s health expenditures can be predicted with certainty by both the insured and the insurer. What are the implications for insurance markets? Explain the prevalence of insurance for highly predictable events, such as routine dental services.
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Related Book For
The Economics Of Health And Health Care
ISBN: 9781138208049
8th Edition
Authors: Sherman Folland, Allen C. Goodman, Miron Stano
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