Related to the Economics in Practice on page 359: The individual mandate feature of the Affordable Care Act potentially broadens the pool of people who are in the health insurance market, and this should ________ the problem of adverse selection.
A) increase
B) eliminate
C) lessen
D) have no impact on

Question

Quizplus · Accepted Answer

The individual mandate of the Affordable Care Act requires more people to buy health insurance, including healthier individuals, which helps to balance out the risk pool. This broader pool of insured people can reduce the problem of adverse selection, where insurers struggle because only those who expect to use medical care (often those in poorer health) purchase coverage.

Related to the Economics in Practice on Page 359: the Individual