In the health insurance market, moral hazard occurs when   A.) chronically ill people refuse appropriate medical treatment.   B.) chronically ill people buy insurance.   C.) patients sue their doctor.   D.) chronically ill people cannot buy insurance.   E.) providers overtreat patients..

EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN:9781337668279
Author:Henderson
Publisher:Henderson
Chapter7: The Market For Health Insurance
Section: Chapter Questions
Problem 5QAP
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In the health insurance market, moral hazard occurs when

 

A.) chronically ill people refuse appropriate medical treatment.

 

B.) chronically ill people buy insurance.

 

C.) patients sue their doctor.

 

D.) chronically ill people cannot buy insurance.

 

E.) providers overtreat patients..

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