Saturday, November 30, 2013

Health Care Exchanges Challenge Human Decision Making Shortcoming

Are Our Brains Just Not Wired For Obamacare?  by Dhruv Khullar.  Politico.  November 26, 2013.

(1)  The selection of health insurance on the Obamacare exchanges or marketplaces requires many choices by citizens.  Humans have difficulty making optimal decisions under conditions of ______________.

(2)  People have difficulty weighing probabilities  of long-term ________________________ and in analyzing complex products with multiple _________________________.

(3)  They have difficulty in estimating the likelihood of _______________________.

(4)  "Choice overload" refers to making suboptimal decisions as the result of _____________.

(5)  What is an example of a heuristic in the Obamacare exchanges?

(6)  Why are the "navigators" important in Obamacare?

(7)  The results of Massachusetts shows that consumers prefer a manageable __________________
which differ _____________________.

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