WEEK 5 DISCUSSION INSTRUCTIONS:
- Specific
- Uses termsfrom the text we are studying
- Refers to specific figures or pages in the text
- Cite your reference(s) in APA format
All posts must be a minimum of 150 words.
Chapter 9 covered a economic concept referred to as moral hazard. Refer to this week’s video titled RAND and the Moral Hazard and the text coverage of the moral hazard problem on page 179.
Focus on these questions in your response:
– Do you think the concept of moral hazard involved in health insurance coverage drives up the cost of healthcare?
– Should people have to put more “skin” (money) in the game?
– What could happen if people have to put more “skin” in the game?
Please citations from the provided reading material below:
Chapter 9
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