First-dollar health insurance reduces the:

Name: First-dollar health insurance reduces the:
Brand: Quizplus
Rating: 5.0 (45 reviews)

Question

Quizplus · Accepted Answer

First-dollar health insurance means the insurer pays for all medical expenses immediately, without requiring the insured person to pay a deductible or copayment. This reduces the marginal cost of medical care to the insured, as they do not have to pay any amount out of their pocket. As a result, the insured may be more likely to seek medical care, increasing the overall cost of providing medical care.

First-Dollar Health Insurance Reduces The