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Price vs. quantity in health insurance reimbursement.
- Source :
- International Journal of Health Care Finance & Economics; Sep2006, Vol. 6 Issue 3, p191-213, 23p, 1 Diagram, 3 Graphs
- Publication Year :
- 2006
-
Abstract
- While "integrated" systems regulate the quantity of health services, "Bismarckian" systems regulate their price. This paper compares the consumers' allocations implemented within the two reimbursement systems. In the model, illness has a negative impact on labor productivity while public insurance is financed through income tax. Consumers have private information with respect to a parameter which can be interpreted as heterogeneity either in intensity of their preferences for treatment or in the type of illness. The social planner may be constrained to adopt uniform insurance plans, or may be free to choose self selecting plans. The analysis of uniform plans shows that Bismarckian systems dominate integrated systems from the social welfare point of view; whereas the opposite ranking holds with self-selecting plans. [ABSTRACT FROM AUTHOR]
- Subjects :
- HEALTH insurance reimbursement
ADVERSE selection (Insurance)
INSURANCE rates
LABOR productivity
INCOME tax deductions
LIABILITY insurance
SOCIAL security taxes
INSURANCE policies
TAXATION
HEALTH care rationing
INSURANCE
NATIONAL health services
INTEGRATED health care delivery
COMPARATIVE studies
CUSTOMER satisfaction
DISCRIMINATION in insurance
HEALTH insurance
RESEARCH methodology
MEDICAL cooperation
RESEARCH
SOCIOLOGY
EVALUATION research
STATISTICAL models
ECONOMICS
Subjects
Details
- Language :
- English
- ISSN :
- 13896563
- Volume :
- 6
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- International Journal of Health Care Finance & Economics
- Publication Type :
- Academic Journal
- Accession number :
- 23268583
- Full Text :
- https://doi.org/10.1007/s10754-006-9001-8