Peden, Edgar A.; Freeland, Mark S. - In: Health Economics 7 (1998) 8, pp. 671-687
Regression results show that nearly half of 1960-1993 growth in real per capita medical spending and almost two-thirds of its 1983-1993 growth were due to ever-increasing levels of insurance coverage (the spending portion paid by third parties). Growth in coverage may have played a minor part as...