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    Exam 11: Risk and Information in Contracts
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    Insurers Reduce the Problem of Moral Hazard by Limiting Coverage
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Insurers Reduce the Problem of Moral Hazard by Limiting Coverage

Question 13

Question 13

True/False

Insurers reduce the problem of moral hazard by limiting coverage of open-ended treatments like psychotherapy or fully elective treatments like some cosmetic surgeries.

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