sapling learmng Eva and Bruce are a young couple In good health. Eva begins her

Question

sapling learmng Eva and Bruce are a young couple In good health. Eva begins her new job as a dolphin trainer and a dolphin trainer and is offered elective health care would pay if they purchased insurance on their own. The policy provides the same coverage to all participants no matter age qr health status. Every year for the next five years, they see an Increase in their insurance costs. After five years, they receive a notice in the mail informing them that their insurance company has gone bankrupt. Eva contacts the company to inquire the reasoning behind the company's failure. She is informed that over the past several years, healthier individuals chose to leave their insuance policy shrinking the company's participant pool. Eventually, no more healthy people remained in the pool except Eva and Bruce. The insurance company had no choice but to increase costs for all members. Finally, they could no longer afford to operate T. Which of the following terms best descrbes 2. Which of the policies below would nst have 1. Which of the following terms best describes2. Which of the policies below would not have what Eva and Bruce's insurance company has been a solution for the insurance company? experienced? Stagflation O Market Failure O Place a limit on the costs covered by the plan o Offer different plans to dfferent individua's based on Offer different plans to different individuals, based on health and age Excess Capacity O Death Spira! Require all members to see a doctor approved by the insurance company Filter out the most ymhealthy applicants hrough pre. Filter out the most unhealthy applicants through pre- screening

Explanation / Answer

1.market failure

2.offer different plans to different individuals,based on health and age.

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.