Adverse selection in the physician markets on the condition of asymmetric information

In recent years, the national government has delivered a series of policies to drive the reform in the health care field. As times goes by, these policies are strongly influencing the stake-holders related to the health care service. Though the reform embarks on the bright road, we still need to pay more attention to the phenomenon. The article is committed to analyze the occurrence of the adverse selection and how the adverse selection influences the normal health care market.