A strong individual mandate with large fines is __________ by insurers because it will _______ adverse selection.
A) Supported;reduce
B) Supported;increase
C) Not supported;reduce
D) Not supported;increase
Correct Answer:
Verified
Q10: A movement of the medical loss ratio
Q11: Blue Cross and Blue Shield uses
A)Experience rating
Q12: The Health Insurance Portability and Accountability Act
Q13: Explain why the use of community-rated premiums
Q14: Premiums based on experience ratings
A)Are uniform across
Q15: If the health insurance premium is equal
Q16: Assume the health insurance market is perfectly
Q17: Firms self-insure to
A)Save money on premiums.
B)Avoid state
Q19: Monopsony power by health insurance plans can
Q20: A flat premium for all risk types
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