Preventive versus Curative Medicine: A Policy Exercise for the Classroom
This classroom example shows students that neither a health insurer (which bears only the hospitalization costs of acute care) nor the patient (who incurs lost earnings and psychic costs) has an adequate incentive to pay for preventive care, even though the total benefits of such care exceed its cost. The activity offers an application of concepts of efficiency, equity, present value, and moral hazard.
Year of publication: |
1996
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---|---|
Authors: | Helwege, Ann |
Published in: |
The Journal of Economic Education. - Taylor & Francis Journals, ISSN 0022-0485. - Vol. 27.1996, 1, p. 59-71
|
Publisher: |
Taylor & Francis Journals |
Saved in:
Online Resource
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