Title: Regulating Private Health Insurance Markets
Abstract: This chapter focuses on the essential features of private health insurance (PHI) that require government regulation almost everywhere among rich democracies. It first describes the various functions of PHI. It then focuses on central problems of regulatory frameworks for PHI. It points to the substantial degree of professional consensus in the economics literature about market failure in commercial health insurance. It highlights the gap between this professional understanding and much of the policy debates about health insurance, competition, and health care reform.
Publication Year: 2009
Publication Date: 2009-10-13
Language: en
Type: book-chapter
Indexed In: ['crossref']
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Cited By Count: 3
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