One way that insurance companies can reduce the moral, Ask an Expert

Economics

One way that insurance companies can reduce the moral hazard problem is to:

a. engage in genetic testing to determine who is more likely to be high risk.

b. insure only customers with good morals.

c. make insurance customers pay a deductible before the company pays on a claim.

d. eliminate copayments on insurance claims.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91795948

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