One way the incentive problems inherent in comprehensive health insurance can be mitigated is through _____.

Question

Quizplus · Accepted Answer

Deductibles require individuals to pay a certain amount out-of-pocket before insurance coverage begins, which can reduce the moral hazard problem and encourage responsible health behaviors. By sharing the cost of medical care with the insurer, individuals have a financial incentive to use healthcare services only when necessary. This helps to prevent overconsumption of healthcare services and control healthcare costs. Premiums and reimbursements do not directly address the incentive problems inherent in comprehensive health insurance. Screenings may help to identify and prevent diseases early, but they do not directly address the issue of moral hazard associated with comprehensive health insurance.

One Way the Incentive Problems Inherent in Comprehensive Health Insurance