Problem
In 2006 Medicare recipients were permitted to sign up for a federally subsidized drug benefit plan. The sign-up phase had a May 15th deadline, and those signing up after that date faced a premium penalty. Does this deadline have anything to do with adverse selection? Explain.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.