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How do adverse selection and moral hazard affect the market for insurance?
Paid
Receiving money or compensation in exchange for services rendered or as an employee.
Medicaid Patients
Individuals receiving health care coverage through the Medicaid program, a joint federal and state program that helps with medical costs for some people with limited income and resources.
Physician
A healthcare professional who is trained and licensed to practice medicine, including diagnosing illnesses and prescribing treatments.
Medicaid Payment
Financial reimbursements made by Medicaid, a government program, for healthcare services provided to eligible individuals.
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