The government can address __________ by providing universal health insurance coverage and charging uniform premiums.

Question

Quizplus · Accepted Answer

Adverse selection occurs when people with higher risk are more likely to get insurance compared to people with lower risk. Providing universal health insurance coverage and charging uniform premiums can help address adverse selection by ensuring that everyone has access to insurance and paying the same amount, regardless of their level of risk.

The Government Can Address __________ by Providing Universal Health Insurance