## Abstract Both adverse selection and moral hazard models predict a positive relationship between risk and insurance; yet the most common finding in empirical studies of insurance is that of a negative correlation. In this paper, we investigate the relationship between __ex ante__ risk and private
Government health insurance and privatization: An examination of the concept and of equity
β Scribed by Odin W. Anderson
- Publisher
- John Wiley and Sons
- Year
- 1988
- Tongue
- English
- Weight
- 574 KB
- Volume
- 3
- Category
- Article
- ISSN
- 0749-6753
No coin nor oath required. For personal study only.
β¦ Synopsis
After almost a century of the evolution of welfare capitalism in the liberal-democratic countries, and the spread of government intervention in the financing and provision of health services, the debate is now whether or not government can, or should, be as allencompassing as it has clearly become. What is emerging with greater force is a pattern of private insurance and private provision, though its future is not easy to predict. What is clear, however, is that a modified version of a politically acceptable concept of equity will have to be formulated.
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