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Do Consumers Purchase Too Much Health Insurance? The Role of Market Power in Health-Care Markets

✍ Scribed by BERTHOLD U. WIGGER; MARKUS ANLAUF


Book ID
111031436
Publisher
John Wiley and Sons
Year
2007
Tongue
English
Weight
487 KB
Volume
9
Category
Article
ISSN
1097-3923

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This paper analyzes the welfare economics of three arrangements for purchasing health insurance: competitive markets in which consumers are free to choose among options with different levels of coverage and prices; systems with compulsory partial pooling which permit private firms to sell supplement