𝔖 Bobbio Scriptorium
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Health Insurance, Moral Hazard, and Managed Care

✍ Scribed by Ching-To Albert Ma; Michael H. Riordan


Book ID
110914711
Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
139 KB
Volume
11
Category
Article
ISSN
1058-6407

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This paper analyses the consequences of allowing a choice between traditional insurance and managed care under community rating. A model of a competitive health insurance market is developed; with the risk equalization scheme being imperfect. There are two types of individuals who are characterized