What can health insurance companies do to minimize problems associated with asymmetric information such as adverse selection or moral​ hazard? To deal with asymmetric​ information
insurance company can require policyholders to pay a coinsurance
Explanation:
correct answer is insurance company can require policyholders to pay a coinsurance
symmetric information is exploited and it is also known as information failure, is when a transaction has more information than the other party.
Insurers may be required to make deductible payments to policyholders to deal with inaccurate information; Limiting coverage of pre-existing conditions; Or ask applicants to submit medical records
