Abstract
Choosing optimal health insurance coverage involves a trade-off between the gain from risk reduction and the deadweight loss from moral hazard. This paper examines this trade-off empirically by estimating both the demand for health insurance and the demand for health services. It relies on data from a randomized controlled trial of cost-sharing's effects on the use of health services and on the health status for a general, non-elderly population.
Publication types
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Clinical Trial
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Randomized Controlled Trial
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Research Support, U.S. Gov't, P.H.S.
MeSH terms
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Actuarial Analysis
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Attitude to Health*
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Cost Sharing / statistics & numerical data*
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Deductibles and Coinsurance
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Health Services Needs and Demand / economics
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Health Services Needs and Demand / statistics & numerical data*
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Health Services Research / methods
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Health Status
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Humans
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Insurance Pools*
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Insurance, Health / statistics & numerical data*
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Models, Econometric
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Risk
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United States