Relative to people who are eligible for group health insurance, individuals who are not covered by a group health insurance plan tend to pay:
A. More for health insurance regardless of their health condition.
B. More for health insurance if they are unhealthy and less for health insurance if they are healthy.
C. Less for health insurance regardless of their health condition.
D. Less for health insurance if they are unhealthy and more for health insurance if they are healthy.
Answer: A
You might also like to view...
Brand Name Drug Industry Dynamics Market approval in the US for new pharmaceutical products is a long, arduous, and expensive process. Once approved, patent protection keeps close substitute products from entering for some years. If the demand for a particular product is stable, what would you predict for the profitability after approval and prior to patent expiration?
For a given supply curve, an increase in demand will typically
a. increase price, but quantity could change in either direction b. increase quantity, but price could change in either direction c. increase price but leave quantity unchanged d. decrease both quantity and price e. increase both quantity and price
If there is a decrease in demand for picture frames, we would expect
a. both the price and quantity sold to increase. b. both the price and quantity sold to decrease. c. the price to decrease and the quantity sold to increase. d. the price to increase and the quantity sold to decrease.
The primary benefit of voluntary trade is that
a. it allows developers to put land to better use through eminent domain. b. the prices of goods and services rise. c. people on both sides of the trade are made better off. d. it increases tax revenue.