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Instructions:
Conduct research on the Internet or in a library to answer Exercise 13.4 (page 215):
“What are some strategies for reducing adverse selection in insurance markets?
What sorts of problems do these solutions cause?”
In a short (no more than 1 page) response, answer the questions and show how the research you conducted led you to your conclusions. Also, be sure to list at least two strategies for solutions and two related problems.
Textbook
Lee, Robert H. (2015). Economics for Healthcare Managers, Hardbound; 3rd edition.
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