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How do Tietelbaum and Wilenski describe managed care organizations? How does the government intervene when there is a market failure? (e.g. the health insurance market)

  1. How do Tietelbaum and Wilenski describe "managed care organizations?"
  2. How does the government intervene when there is a "market failure?" (e.g. the health insurance market) Name one example of a market failure and one solution.

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