One instance where adverse selection may be considered a key concern is the increasing popularity of a high-deductible health plan.
What is a high-deductible health plan?
A high-deductible health plan can be defined as a special type of healthcare program where a client needs to pay more costs before an insurance counterpart starts its payment.
In conclusion, one instance where adverse selection that may be considered a key concern is the increasing popularity of a high-deductible health plan.
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