The Simple Economics of Voluntary Versus Mandated Drug Benefits for Medicare

Topics:
Health Insurance,
Healthcare Services
Tags:
Abt Associates,
Benefit,
Business Operations,
Corporate Insurance,
Finance,
Financial Planning,
Insurance,
Medicare
Source:
Abt Associates

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Overview: This paper analyzes voluntary and mandated drug insurance from the perspective of economic theory. It offers a simple graphical analysis that is designed to bring out several features of the market for drug insurance in the presence of adverse selection and the constraint that insurers charge a single premium to all policy-holders.

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Format: PDF | Size: 49KB | Date: May 2001 | Pages: 19

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