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Economic The Administration is trying to fight medical cost inflation. In order to do so, it decides to set a minimum 15% co-insurance rate for

Economic

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The Administration is trying to fight medical cost inflation. In order to do so, it decides to set a minimum 15% co-insurance rate for all Medicaid plans instead of the 5% currently. Which of the following Wagstaff graphs accurately depicts what happens for Medicaid recipients? How do you know? What happens to consumption? IV B

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