Moral hazard and give health care example

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Reference no: EM132287539

1. Define, in your own words, moral hazard and give a health care example.

2. What is understanding of selection bias? What kind of problem may it pose in health insurance markets? Give a specific example.

3. How do you handle peak and non-peak times and how do you adjust between those times?

Reference no: EM132287539

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