Medicaid pays first-dollar coverage for medical expenses

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1. Medicaid pays first-dollar coverage for medical expenses. This practice usually results in moral hazard and deadweight losses. Why does deadweight loss appear to be less of a concern for low-income adults and their children than it is for other populations? (Answer in terms of the medical services children and younger adults consume and the moral hazard that arises for those populations.)

2. Promotion is communicating information between a seller and a potential buyer to inform, persuade or remind the buyer about the marketing mix attributes. Some promotional campaigns do this effectively, while others fail miserably.

Find a promotional example that does a poor job communicating information between the buyer and seller. Then describe why the add is not effective - where does the failure in the communication process occur (e.g. the source is not believable? The medium is inappropriate?...)? Finally, include recommendations for improvement.

Please include a specific example by describing it in detail, including a link to the image or video, or uploading an image or video directly to the post

Reference no: EM132231126

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Medicaid pays first-dollar coverage for medical expenses : Medicaid pays first-dollar coverage for medical expenses. This practice usually results in moral hazard and deadweight losses.

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