If insurers charge everyone the same premium based on the average cost
If insurers charge everyone the same premium based on the average cost of insuring the entire group, _____.
a. the poor will drop out because the premiums are too high
b. the middle class individuals will drop out because they can self-insure
c. the healthiest individuals in the market will drop out
d. the sickest individuals in the market will drop out
ANSWER
c
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