3min chapter

The Freakonomics Radio Book Club cover image

18. “Insurance Is Sexy.” Discuss.

The Freakonomics Radio Book Club

CHAPTER

What to Do About This Failure in the Insurance Markets?

Bob Greene: What to do about this failure in the insurance markets that's caused by this selection problem? He says if you're a customer, he has several suggestions for what to do about it. Greene: The way to get a good deal is to sacrifice a little bit of insurance by a policy with a long waiting period or a big deductible.

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