I need 1 page for no 1 and 200 words for number 2. Please use scholarly articles and cite it. On the paper, let have an introduction and conclusion. I will attach 3 articles I have, you are not limited to these articles. Thanks
What is “moral hazard”? What is “adverse selection”? How does each affect the demand for health insurance? What approaches do insurance companies use to control for each?
What are the different cost-containment approaches used by managed care firms? How does managed care solve the problems of moral hazard and demand inducement?