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According to the phase diagram given, which of the following statements is INCORRECT?
Medical Insurance
Health coverage that typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured.
Health Risks
Potential factors or behaviors that can lead to disease, injury, or other health problems.
Moral Hazard
A situation where one party engages in risky behavior knowing that it is protected against the risk because another party will incur the cost.
U.S. Population
The total number of residents living in the United States, as measured by census and population estimates.
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