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Talisuna Yosem
Nov 4, 2023

Health economics?

1. Adverse selection in health insurance marketsrefers to the tendency of insured people to take fewer preventive actions, increasing everyone's costs.refers to the tendency of low risk people to opt out of insurance, increasing  price of insurance.refers to processes of  refusing to insure people with pre-existing conditions, leading to social problems.refers to efforts by consumers to select the lowest priced insurance on the market, leading disequilibrium.

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