You Are a Government Policymaker with the Responsibility to Propose

Multiple Choice

You are a government policymaker with the responsibility to propose a policy that will reduce adverse selection in the health insurance market. Which of the following policies would achieve that goal?

A) The government will protect the people's right to keep their personal information private.
B) The government will subsidize the cost of health insurance.
C) The government will ensure that people can opt-in and opt-out of health insurance at any time.
D) The government will fund a public information campaign to reduce risk aversion.