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The price of health insurance varies (generally, decreases) when the entire community purchases it vs. just the people who highly value it. This is because heal
by jljljl 11y ago
The price of health insurance varies (generally, decreases) when the entire community purchases it vs. just the people who highly value it. This is because health insurance is priced based on the expected health outcomes of all of its customers.
This isn't quite the case with Happy Meals. I'm thinking that a regulation requiring everyone purchase happy meals vs regulation that everyone purchase health care have different overall welfare effects, but I'm not sure what they are.