Bhattacharya, Jay; Packalen, Mikko - In: Journal of Health Economics 31 (2012) 1, pp. 135-146
associated chronic conditions and behavioral patterns such as obesity, smoking, and malnutrition increase the incidence of many … externality for obesity. The lower bound is independent of how much additional innovation is generated. The results show that the … externality we identify offsets the negative Medicare-induced insurance externality of obesity. The Medicare-induced obesity …