HE

An Inside Look: Providing Health Insurance

In a minimum of 300 words, describe the concept known as adverse selection? Explain how does its existence affect the market for health insurance? List and describe a few examples of insurance companies protect themselves from adverse selection? For the second half of Week Five (5) discussion, explain moral hazard and how does it affect the demand for health insurance? What approaches do insurance companies use to control its existence?  minimum of 2–3 peer-reviewed references.

Understanding Managed Care

What are different cost containment strategies used by managed care firms? How do fee for service and capitation payment systems affect the physician’s role as the patient’s agent? Finally, share your prediction on the future of Managed Care in the U.S.  2–3 peer-reviewed references.