Moral Hazards In Elliot Tan's The Joy Luck Club

The response paper written by Elliot Tan is a well-written analysis of the recurring health economics question of whether or not the government should cover prescription drugs. With regards to the assignment, I found that the two primary criteria were correctly identified in the paper and were explained in a coherent manner. However, not enough emphasis was placed on answering the final two questions assigned.
The paper accurately explains the trade off between moral hazard and financial risk spreading; it identifies the relative insignificance of the effect of moral hazard, especially ex-post behavior, as it is difficult to simulate symptoms required to gain access to a prescription. However, the argument would have been more exhaustive had