Explain what is likely to happen to your premiums


Problem

Suppose a genetic test is developed that can inexpensively distinguish a group of probable high cost folks from lower cost folks, at least with respect to the disease tested. Your health insurance company chooses not to use this test in your underwriting practices, but your competition does. Explain what is likely to happen to your premiums and enrollments and those of your competition.

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Macroeconomics: Explain what is likely to happen to your premiums
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