1.3 The deductible feature of an insurance policy can affect the impact of moral hazard. Explain this...

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1.3 The deductible feature of an insurance policy can affect the impact of moral hazard.

Explain this in the context either of probability of treatment and/ or amount of treatment demanded.

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The Economics Of Health And Health Care

ISBN: 9781032309866

1st Edition

Authors: Sherman Folland; Allen C. Goodman; Miron Stano; Shooshan Danagoulian

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