The phenomenon called 'moral hazard' results directly from

Name: The phenomenon called 'moral hazard' results directly from
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Question

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Moral hazard is the economic concept that suggests people are more likely to take risks when they are insured. In the context of healthcare, this means that people may use more healthcare services than necessary or engage in riskier behavior because they know that their health insurance will cover the costs. Therefore, moral hazard results directly from health insurance coverage.

The Phenomenon Called 'Moral Hazard' Results Directly from