Kifmann, Mathias; Scheuer, Florian - In: Health economics review 1 (2011) 14, pp. 1-14
fee paid by Medicare. First, we show that on pure efficiency grounds the optimal Medicare fee under balance billing is … zero. An active Medicare policy thus can only be justified when distributional concerns are accounted for. Extending the … lower if balance billing is prohibited. In particular, this is the case if the administrative costs of Medicare are large …