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Simulation of a Health Insurance Market with Adverse Selection

✍ Scribed by Roger D. Feldman and Bryan E. Dowd


Book ID
123686765
Publisher
INFORMS
Year
1982
Tongue
English
Weight
349 KB
Volume
30
Category
Article
ISSN
0030-364X

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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