With regard to the provision of health insurance in the United States, which of the following is regarded as a way of addressing moral hazard and adverse selection problems?
A) reducing profit margins for insurance companies
B) increasing profit margins for insurance companies
C) reduced government involvement
D) greater government involvement

Question

Quizplus · Accepted Answer

Greater government involvement in the provision of health insurance can help address moral hazard and adverse selection problems. This can be achieved through regulations and programs that ensure broader coverage and manage risks more effectively, such as the Affordable Care Act.

With Regard to the Provision of Health Insurance in the United