The Pre-Existing Condition Insurance Plan Is a Federally Administered Part

question 15

Multiple Choice

The Pre-Existing Condition Insurance Plan is a federally administered part of the Affordable Care Act, and is designed for people with pre-existing medical conditions to obtain insurance.By offering health insurance to all U.S.citizens with pre-existing medical conditions, the Pre-Existing Condition Insurance Plan eliminates ________ for both the insurer and the insured, and eliminates ________ for the issuer of the insurance policy.

• A)the principal-agent problem; moral hazard
• B)asymmetric information; adverse selection
• C)adverse selection; the principal-agent problem
• D)moral hazard; adverse selection

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Definitions:

Secondary Control

The psychological strategy of influencing one's internal state to align with reality when external control is not possible.

Modify Reality

The act of changing or altering the perception or understanding of the real world, often through technology, art, or psychological means.

Repression

A psychological defense mechanism where distressing thoughts and feelings are unconsciously blocked from conscious awareness.

Introspective Styles

Personal methods or approaches to self-reflection and examination of one's own thoughts and feelings.