Of the following statements, which one is true? (only one answer is possible) Of the following statements, which one is true? (only one answer is possible) In the real world, health insurance rarely involves the pooling of people, some with high risk and low risk of becoming sick. In the standard model of insurance, risk averse people value insurance because it reduces their overall out-of-pocket costs, while reducing their chance of loss wages from a recuring illness. In the real world, health insurance often involves pooling of people, some with high risk and some with low risk of becoming sick. Most publicly provided health insurance rarely involves risk pooling, because the funds used to support the system are obtained from taxpayers