Multiple Choice
Which of the following was the finding of the Cutler-Reber study of different insurance plans in the mid-1990s?
A) Increased moral hazard among the insured
B) Increased adverse selection among the insured
C) A decrease in the percentage of unhealthy people with the most expensive health insurance plans
D) A decrease in the average price of insurance plans
Correct Answer:
Verified
Correct Answer:
Verified
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