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Moral Hazard

by James Tierney

Moral hazard occurs when a party that is protected from risk behaves differently from the way it would behave if it were fully exposed to the risk. Here, the last line is a perfect example of moral hazard, when Aasif Mandvi says, "Hey man! You can get drunk and have a great time and it doesn't matter 'cuz you've got health insurance!" Now students can fall off of keg stands and get hurt but that's ok, they have health insurance now!

The Daily Show -- Moral Hazard

In this clip from The Daily Show with Jon Stewart, correspondent Aasif Mandvi talks about a new advertising campaign for Obamacare

from The Daily Show with Jon Stewart (2014)
Creator: Comedy Central
Distributor: Hulu
Posted by James Tierney