An economy with a private,multi-payer health care system is likely to have ________ labour market mobility and a ________ tendency toward self-employment than an economy with a public,single-payer health care system.

Question

Quizplus · Accepted Answer

In a private, multi-payer health care system, individuals often rely on employer-provided health insurance, which can reduce labor market mobility as people may be hesitant to change jobs due to the risk of losing their health coverage. This system can also discourage self-employment due to the high cost and complexity of obtaining private health insurance independently.

An Economy with a Private,multi-Payer Health Care System Is Likely