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Optimal he alth insurance plans should provide generous insurance for unpredict able /large events and little insurance for p

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TRUE,

optimal health insurance plans should provide generous coverage for unpredictable events such as heart attacks because the consumption smoothing gains are large,

health insurance is bought majorly by risk averse people,they want to avoid the risk of income losses in case of unpredictable events thus,they buy insurances,in case of predictable events like playing doctors visit or medical bills,people feel as be self insured rather than as against buying insurance

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