?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F43614%2F&rft.title=Coinsurance+vs.+copayments+%3A+reimbursement+rules+for+a+monopolistic+medical+product+with+competitive+health+insurers&rft.creator=Cremer%2C+Helmuth&rft.creator=Lozachmeur%2C+Jean-Marie&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=This+paper+studies+a+market+for+a+medical+product+in+which+there+is+perfect+competition+among+health+insurers%2C+while+the+good+is+sold+by+a+monopolist.+Individuals+di%C2%A4er+in+their+severity+of+illness+and+there+is+ex+post+moral+hazard.+We+consider+two+regimes+%3A+one+in+which+insurers+use+coinsurance+rates+(ad+valorem+reimbursements)+and+one+in+which+insurers+use+copayments+(specic+reimbursements).+We+show+that+the+induced+equilibrium+with+copayments+involves+a+lower+producer+price+and+a+higher+level+of+wel-+fare+for+consumers.+This+results+provides+strong+support+for+a+reference+price+based+reimbursement+policy.&rft.publisher=TSE+Working+Paper&rft.date=2021-05&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F43614%2F1%2Fwp_tse_1223.pdf&rft.identifier=++Cremer%2C+Helmuth+%3Chttps%3A%2F%2Fwww.idref.fr%2F058485376%3E+and+Lozachmeur%2C+Jean-Marie+%3Chttps%3A%2F%2Fwww.idref.fr%2F179825933%3E++(2021)+Coinsurance+vs.+copayments+%3A+reimbursement+rules+for+a+monopolistic+medical+product+with+competitive+health+insurers.++TSE+Working+Paper%2C+n.+21-1223%2C+Toulouse%2C+France+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F125695&rft.language=en