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Question
In order to reduce the principal-agent problem, an insurance company can
a. give patients access to medical records, require doctors to justify tests, and pass reforms to medical malpractice laws.
b. give patients only limited access to medical records, force doctors to justify tests, and pass reforms to medical malpractice laws.
c. give patients access to medical records, allow doctors to determine which medical tests are appropriate, and pass reforms to medical malpractice laws.
d. give patients access to medical records, require doctors to justify tests, and repeal medical malpractice laws.
e. do nothing; there is no way to reduce the principal agent problem.
Answer
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