Multiple Choice
The Affordable Care Act (Obamacare) mandates that everyone buy health insurance or face a penalty. The rationale for this policy is to:
A) solve the adverse selection problem.
B) solve the moral hazard problem.
C) make sure that high-risk people pay higher premiums than low-risk people.
D) ensure that Medicare enrollees pay actuarially fair insurance premiums.
Correct Answer:
Verified
Correct Answer:
Verified
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