Which of the following best describes the moral hazard problem associated with means-tested redistribution programs? A.People may change their behavior to be eligible for the program. B.Eligible people may not sign up for the program due to negative stigma. C.Programs are costly for society. D.Only high risk individuals sign up for programs.

Which of the following best describes the moral hazard problem associated with means-tested redistribution programs? A.People may change their behavior to be eligible for the program. B.Eligible people may not sign up for the program due to negative stigma. C.Programs are costly for society. D.Only high risk individuals sign up for programs.

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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