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please answer the following questions in a well developed paragraph. What are the consequences of information asymmetry in healthcare? What can health insurance companies do to minimize problems associated with asymmetric information? What are the major problems caused by asymmetric information? How can the problem of asymmetric information be overcome? Please provide an example of asymmetric information in healthcare?.

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please answer the following questions in a well developed paragraph. What are the consequences of information asymmetry in healthcare? What can health insurance companies do to minimize problems associated with asymmetric information? What are the major problems caused by asymmetric information? How can the problem of asymmetric information be overcome? Please provide an example of asymmetric information in healthcare?

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