What Is the Moral Hazard Associated with Third Party Payment

question 35

Multiple Choice

What is the moral hazard associated with third party payment for health services

• A) The recipient of the service is not as informed as the provider of the service.
• B) The recipient of services tends to decline more services than they should.
• C) The recipient of services tends to have more services than what is needed relative to the efficient level of services.
• D) There is no moral hazard.

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