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1.    Do you agree with the statement, "health insurance effectively and fairly alters the price...

1.    Do you agree with the statement, "health insurance effectively and fairly alters the price consumers have to pay for services in a different market (read: health care)"? Explain why you agree or disagree.

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Answer - Yes , I agree with the above given statement . Through the health insurance the public is able to mobilise its savings in a good direction. The health insurance provides them with the future cover in case of any health emergency which may occur to them or their family. Accordingly after the payment of the premium , they will be able to effectively allocate their expenditure in the other markets for the services. They may have to pay less if they have taken the health insurance.

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