Vaccination schedules are predictable, meaning insurance coverage for vaccinatio
ID: 1099008 • Letter: V
Question
Vaccination schedules are predictable, meaning insurance coverage for vaccinations does not protect consumers against risks. Insurance coverage for vaccinations drives up costs because more people get vaccinated if coverage is available and because insurers have overhead costs. Does insurance coverage for vaccines do anything useful? Explain your answer.
Why are many economists opposed to licensure of medical facilities and personnel?
Why would insurance coverage tend to increase rational ignorance?
Explanation / Answer
I have tried my best to answe the second part . Please rate if it was relevant
While healthcare reform has evoked high emotion and political interest, most citizens are not particularly informed about the specifics. For the most part, under new rules someone( referring to public) else pays for the majority of the cost of care, and that someone( refering to insurance companies) else will decide what type of care will be allowed. The rational ignoramus, who has decided not to inform himself because he knows (or at least intuits) that to be truly informed is impossible or unprofitable, realizes that he is ignorant.
For exxample, health insurance companies restrict coverage for expensive illnesses. it seems plain that we need
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