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%u2… Show more An article in the economist magazine argues

Paper help Economics %u2… Show more An article in the economist magazine argues

Economics

%u2… Show more An article in the economist magazine argues

%u2… Show more An article in the economist magazine argues that the real problem with health insurance is%u201D %u201CThe healthy people who decide not to buy insurance out of rational self-interest, and who turn out to be right. By not buying insurance, those (largely young) healthy people will be failing to subsidize the people insurance is meant for: the ones who end up getting sick. a- Why is it rational for healthy people not to buy health insurance? b- Do you agree that health insurance is meant for people who end up getting sick? c- Why is the situation described here a problem for a system of health insurance? If it is a problem, suggest possible solutions. Please answer and I will be rating • Show less

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