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The Formation of Mutual Insurers in Markets with Adverse Selection

✍ Scribed by Ligon, James A.; Thistle, Paul D.

Book ID
123881038
Publisher
University of Chicago Press
Year
2005
Tongue
English
Weight
250 KB
Volume
78
Category
Article
ISSN
0021-9398

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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