(Solved):With health insurance, there is moral hazard because: A. most people that buy insurance are dishonest. B. the people that seek to buy insurance are sicker than those that do not seek insurance. C…. View Answer…

 

Question

With health insurance, there is moral hazard because:

A. most people that buy insurance are dishonest.

B. the people that seek to buy insurance are sicker than those that do not seek insurance.

C. individuals with health insurance are more likely to use medical services.

D. All of the above are correct.

 

EXPERT ANSWER

Option C. individuals with health insurance are more likely to use medical services is correct.

This is a correct option because the situation

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