question archive With health insurance, there is moral hazard because: A
With health insurance, there is moral hazard because: A
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With health insurance, there is moral hazard because:
A. most people that buy insurance are dishonest.
B. the people that seek to buy insurance are sicker than those that do not seek insurance.
C. individuals with health insurance are more likely to use medical services.
D. All of the above are correct.
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Option C. individuals with health insurance are more likely to use medical services is correct.
This is a correct option because the situation of moral hazard includes using more than necessary health care facilities when the individuals get health insurance. The cost of producing that facility is more than that getting the health facility.
