The deductible feature of an insurance policy can affect the impact of moral hazard. Explain this in

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The deductible feature of an insurance policy can affect the impact of moral hazard.

Explain this in the context either of probability of treatment and/or amount of treatment demanded.

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Related Book For  answer-question

The Economics Of Health And Health Care

ISBN: 9781138208049

8th Edition

Authors: Sherman Folland, Allen C. Goodman, Miron Stano

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