Multiple Choice
Which of the following methods reduce adverse selection in insurance markets?
I. selling insurance policies to groups of employees in a firm
II. requiring medical exams for anyone purchasing life insurance
III. denying insurance coverage to people with preexisting health conditions
IV. mandating by law that all people must buy health insurance
A) I, II, III, and IV
B) I and III
C) III
D) I and II
Correct Answer:
Verified
Correct Answer:
Verified
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