competitive policy for medical care has been a failure because many of the poor are unable to receive needed care

1. Evaluate the following statement. “A competitive policy for medical care has been a failure because many of the poor are unable to receive needed care.”
2. How can selection bias among health plans affect an employer’s total medical premiums?
3. How does managed care solve the problems of moral hazard and demand inducement?
4. Increasing number of private medical insurance firms is merging into larger private insurers. Discuss the implications of this development for hospital/provider chains.