What is moral hazard, and how do insurers handle it?
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What is moral hazard, and how do insurers handle it?
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Moral hazard refers to the situation where individuals or entities protected by insurance or other risksharing mechanisms may engage in riskier behavior than they would in the absence of that protecti...View the full answer
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Related Book For
Gapenskis Fundamentals Of Healthcare Finance
ISBN: 9781567939750
3rd Edition
Authors: Paula H. Song, Kristin L. Reiter
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