DREZE, Jacques; SCHOKKAERT, Erik - Center for Operations Research and Econometrics (CORE), … - 2012
We show that the logic of Arrow's theorem of the deductible, i.e. that it is optimal to focus insurance coverage on the … above a variable deductible positively related to the elasticity of medical expenditures with respect to the insurance rate …, this stop-loss takes the form of a deductible, i.e. there is no reimbursement for expenses below the stop-loss amount. One …