Have you ever engaged in moral hazard – taking a bigger risk then you normally would – with a financial decision? Were there any negative consequences to this moral hazard for you or someone else?

Week 3

Watch the video below. Think critically about this question: Have you ever engaged in moral hazard – taking a bigger risk then you normally would – with a financial decision? Were there any negative consequences to this moral hazard for you or someone else?

Explain the multiple factors that contribute to the high cost of Healthcare in the U.S. Also, explain the term “Moral Hazard” and how it influences healthcare costs.

The High Cost of Healthcare in the U.S.

Explain the multiple factors that contribute to the high cost of Healthcare in the U.S. Also, explain the term “Moral Hazard” and how it influences healthcare costs.
Give 2 examples of efforts to control Healthcare costs.