Faced with a lack of information about individual lifestyle choices, providers of health insurance (like auto-insurance suppliers)

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Faced with a lack of information about individual lifestyle choices, providers of health insurance (like auto-insurance suppliers) offer lower premiums with high deductibles so that buyers can reveal information about their lifestyle. The fittest and healthiest choose a high deductible and low premium and the least fit and unhealthiest choose a low

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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