Chapter 12 Homework Back to Assignment Attempts Keep the Highest / 2 2. Imperfections in the health insurance market Suppose Sean pays a monthly premium for health insurance through his employer. After paying the monthly premium, all subsequent medical costs, such as doctor's visits, would be paid for by the insurance. The cost of a doctor's visit without insurance is $500. Since Sean doesn't pay the true cost of a doctor's visit, he is likely to visit the doctor frequently than he would if he didn't have health insurance. This issue in the health insurance market is known as True or False: The United States pays more for health care, as a percentage of GDP, than other developed countries. True False Grade It Now Save & Continue Continue without saving MacBook Air * OO O