The Harvard experiment in the mid-1990s found that private health insurance was expensive because ________.
A) healthier people opted out of expensive healthcare coverage
B) poorer people wanted more free healthcare
C) healthier people demanded more extensive healthcare coverage
D) unhealthy people demanded less extensive healthcare coverage

Question

Quizplus · Accepted Answer

The Harvard experiment found that private health insurance was expensive because healthier people opted out of expensive healthcare coverage. This resulted in a smaller insurance pool for companies to spread the risk and costs, leading to higher premiums for those who remained in the pool.

The Harvard Experiment in the Mid-1990s Found That Private Health