Some people have argued that mandatory health insurance could reduce health-care costs. Explain this argument. What problem

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Some people have argued that mandatory health insurance could reduce health-care costs. Explain this argument. What problem would mandatory coverage not solve that could undermine cost savings?

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Microeconomics

ISBN: 978-1259163531

1st edition

Authors: Dean Karlan, Jonathan Morduch

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Question Posted: Nov 27, 2015 02:16 AM

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Some people have argued that mandatory health insurance could reduce health-care costs. Explain this argument. What problem

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Mandatory insurance would address the problem of adverse selection By preventi...View the full answer

Microeconomics

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