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Willard Manning (1987)
Health insurance and the demand for medical care: evidence from a randomized experiment.The American economic review, 77 3
J. Newhouse (1992)
Medical care costs: how much welfare loss?The journal of economic perspectives : a journal of the American Economic Association, 6 3
J. Gruber, J. Poterba (1993)
Tax Incentives and the Decision to Purchase Health Insurance: Evidence from the Self-EmployedNBER Working Paper Series
Abstract This brief paper explores the likely effects of government-imposed global budget caps, such as those in the Clinton administration proposal, on health care spending. It argues that health reform proposals that guarantee universal access to a basic package of medical benefits create a substantial new constituency for higher health care outlays. Political and potential legal pressures to expand rather than limit the set of guaranteed benefits, coupled with an expansion of the number of individuals with health insurance coverage, make it unlikely that global budget targets will succeed in reducing the rate of health care spending growth.
Journal of Economic Perspectives – American Economic Association
Published: Aug 1, 1994
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