Suppose that hypothetical nation Insurancia passes an insurance mandate. This mandate requires everyone in the nation to purchase health insurance. A mandate such as this may O not impact adverse selection or moral hazard O help alleviate (or eliminate) adverse selection, but may worsen adverse selection. O help alleviate (or eliminate) adverse selection, but may worsen moral hazard.

ENGR.ECONOMIC ANALYSIS
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Suppose that hypothetical nation Insurancia passes an insurance mandate. This mandate requires
everyone in the nation to purchase health insurance. A mandate such as this may
O not impact adverse selection or moral hazard
O help alleviate (or eliminate) adverse selection, but may worsen adverse selection.
O help alleviate (or eliminate) adverse selection, but may worsen moral hazard.
Transcribed Image Text:Suppose that hypothetical nation Insurancia passes an insurance mandate. This mandate requires everyone in the nation to purchase health insurance. A mandate such as this may O not impact adverse selection or moral hazard O help alleviate (or eliminate) adverse selection, but may worsen adverse selection. O help alleviate (or eliminate) adverse selection, but may worsen moral hazard.
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