RT Monograph
SR 00
A1 Cremer, Helmuth
A1 Lozachmeur, Jean-Marie
T1 Coinsurance vs. copayments : reimbursement rules for a monopolistic medical product with competitive health insurers
YR 2021
FD 2021-05
VO 21-1223
SP 17
K1 Ex post moral hazard
K1 health insurance competition
K1 copayments
K1 imper-
K1 fect competition
AB This paper studies a market for a medical product in which there is perfect competition among health insurers, while the good is sold by a monopolist. Individuals di¤er in their severity of illness and there is ex post moral hazard. We consider two regimes : 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.
T2 TSE Working Paper
PB TSE Working Paper
PP Toulouse, France
AV Published
LK https://publications.ut-capitole.fr/id/eprint/43614/
UL http://tse-fr.eu/pub/125695