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Typically, economists when economists look at the health insurance market, they focus on the insurance side of it. By this I mean to define insurance as the purchase of a product which will...
Despite much public rhetoric, why is preventative and chronic care so poor in the U.S.? The easy answer is that patients switch plans so frequently that insurance companies who invest in...
Should hospitals with long waiting times have higher or lower budget transfers? Offering hospitals who have low wait times more money will increase a hospital’s incentives to decrease wait...
What is the optimal way to pay physicians? If there were a singular variable ‘health’ that could be easily measured, patients could pay physicians for each unit of health they receive. ...
Health savings accounts (HSAs) have been a major point of contention for health care reformers. Supporters claim that HSAs can reduce health care costs by decreasing the moral hazard problem...
Most economists believe that increasing the price of an item will decrease demand for the item. Health care is no different from any other good. If you increase the copayment or coinsurance rate,...