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Cumpara the theory of stanford economics and finance de calitate.
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Why do people buy Health insurance? Conventional Theory holds that people purchase Insurance because they prefer the certainty of paying a small premium to the risk of getting sick and paying a large medical bill.
Therefore, economists have promoted policies--copayments and managed care--to reduce consumption of this additional, seemingly lo.
Conventional Theory also holds that any additional Health care that consumers purchase because they have Insurance is not worth the cost of producing it.
Why do people buy Health insurance? Conventional Theory holds that people purchase Insurance because they prefer the certainty of paying a small premium to the risk of getting sick and paying a large medical bill
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