Healthcare Industry and Adverse Selection In class we spent time talking about important aspects of healthcare insurance that form the basis of reforms introduced by the Affordable Care Act. From your readings and class materials define: a) what we mean by Adverse Selection b) list at least three approaches insurance companies follow to minimize the effect of adverse selection.

Healthcare Industry and Adverse Selection In class we spent time talking about important aspects of healthcare insurance that form the basis of reforms introduced by the Affordable Care Act. From your readings and class materials define: a) what we mean by Adverse Selection b) list at least three approaches insurance companies follow to minimize the effect of adverse selection.