Who is least likely to buy health insurance when individuals have private information about their health and health insurance is optional?
A)A person who has a family history of cancer
B)An obese person
C)A young adult in good health
D)A person who is 60 years old and in good health

Question

Quizplus · Accepted Answer

A young adult in good health is least likely to buy health insurance because they may perceive themselves as invincible and not in need of medical care. They may also want to save money and not see the immediate value in paying for health insurance. The other options may be more likely to buy health insurance due to potential health issues and risks.

Who Is Least Likely to Buy Health Insurance When Individuals