What is moral hazard, and how do insurers handle it?

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Gapenskis Fundamentals Of Healthcare Finance

ISBN: 9781567939750

3rd Edition

Authors: Paula H. Song, Kristin L. Reiter

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Question Posted: Mar 29, 2024 12:00 AM

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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

Gapenskis Fundamentals Of Healthcare Finance

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