Baranes, Edmond; Bardey, David - In: Health economics review 5 (2015) 36, pp. 1-9
This article examines a model of competition between two types of health insurer: Health Maintenance Organizations (HMOs) and nonintegrated insurers. HMOs vertically integrate health care providers and pay them at a competitive price, while nonintegrated health insurers work as indemnity plans...