Raising the Deductibles and Copayments Is a Way of Dealing

question 264

Multiple Choice

Raising the deductibles and copayments is a way of dealing with the

• A)adverse selection problem of health insurance
• B)moral hazard problem of health insurance.
• C)asymmetric information between doctors and patients.
• D)externalities of health care.

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Definitions:

Negative Feedback

A regulatory mechanism in which a stimulus causes an opposite output in order to maintain an optimal level of whatever is being regulated.

Density Dependent

Factors whose effects on the size or growth of the population vary with the population density.

Fecundity

The potential capacity of an individual to produce offspring.

Offspring

Biological children or descendants of parents, encompassing both singular and plural progeny.