Analysts cite figures on the number of uninsured in the U.S. as low as 10 million and as high as 60 million. Which of the following is a true statement?
A) The uninsured are all free riders.
B) Most of the uninsured have health problems and are not able to get private health insurance.
C) Most of the uninsured have some labor-force connection-either working or a dependent of someone who is working.
D) The lack of health insurance means that the individual has virtually no access to medical care.
E) Once you lose your health insurance it is extremely difficult to get reinsured.
Correct Answer:
Verified
Q3: Insurers try to minimize moral hazard by
A)
Q4: Premiums based on experience ratings
A) are uniform
Q5: Many individuals without health insurance receive "free"
Q6: Firms self-insure to
A) save money on premiums.
B)
Q7: The goal of health insurance is to
A)
Q9: The highest incidence of those without health
Q10: Moral hazard and adverse selection are both
Q11: A group of 100 people seek out
Q12: Indemnity insurance
A) reimburses for certain types of
Q13: A major factor contributing to the growth
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