Question

My health care insurance company puts small co-payment fees on drugs that many people use and much higher fees for experimental drugs that only rarely are needed by individuals on our health care insurance plan. my company is applying which ethical theory?

Answer 1

The correct answer is utilitarianism. This is defined as an ethical theory by which it states the best or most preferred action by which is the one responsible or best for maximizing utility. In terms, it is defined as a wellbeing of the sentient entities.