Header Ads

In this video, we discuss asymmetric information, adverse selection, and propitious selection in relation to the market for health insurance. Health insurance consumers come in a range of health, but to insurance companies, everyone has the same average health. Consumer have more information about their health than do insurers. How does this affect the price of health insurance? Why would some consumers prefer to not buy health insurance at all? And how does this all relate to the Affordable Care Act? Let’s dive in.

Microeconomics Course: http://bit.ly/20VablY

Next video: http://bit.ly/21raRSr

Help us caption & translate this video!


Asymmetry (Quotation Subject),information asymmetry economics,information asymmetry health insurance,asymmetric information economics,Asymmetric information health insurance,Economics (Field Of Study),economics review,asymmetric knowledge,asymmetric knowledge health insurance

No comments