Which of the following is NOT a reason for government intervention in insurance markets?

Question

Quizplus · Accepted Answer

Positive externalities refer to the benefits that individuals and society receive from individuals who purchase insurance, such as fewer uninsured drivers on the road leading to lower likelihood of accidents for everyone. This is a reason for government intervention in insurance markets. Adverse selection, redistribution, and paternalism are all reasons why governments may intervene in insurance markets to improve efficiency, equity, or social welfare.

Which of the Following Is NOT a Reason for Government