The goal of health insurance is to O spread financial risk over a large group of people O equally distribute the probabifity of loss over a large number of peoples O collect sufhcient premiums to cover all possible losses O equalize the availability of medical care across population groups

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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The goal of health insurance is to
O spread financial risk over a large group of people
O equally distribute the probabifity of loss over a large number of people
collect sufficient premiums to cover all possible losses
O equalize the availability of medical care across population groups
O redistribute income from the sick to the healthy
Transcribed Image Text:The goal of health insurance is to O spread financial risk over a large group of people O equally distribute the probabifity of loss over a large number of people collect sufficient premiums to cover all possible losses O equalize the availability of medical care across population groups O redistribute income from the sick to the healthy
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