The Pre-Existing Condition Insurance Plan is a federally administered part of the Affordable Care Act,and is designed for people with pre-existing medical conditions to obtain insurance.By offering health insurance to all U.S.citizens with pre-existing medical conditions,the Pre-Existing Condition Insurance Plan
A) eliminates asymmetric information for the insurer,but not for the insured.
B) eliminates asymmetric information for the insured,but not for the insurer.
C) eliminates asymmetric information for both the insurer and the insured.
D) reduces,but does not eliminate,asymmetric information for both the insurer and the insured.
Correct Answer:
Verified
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