May 22, 2012
Here’s how All sees it: “The problems of health care really are the problems of insurance.” He explains the two biggest challenges that health insurance companies face – adverse selection and moral hazard – and how they affect the current health care market. All also discusses the politics that surround health insurance, which he breaks down into a greed vs. free market argument. “It can’t just be pure competition on the one hand, but it can’t just be a government solution on the other hand,” he says. “Neither of those really fit the problems that we have.” This is the fourth of six short videos.