On the existence of relative moral hazard
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Authors
Whipple, David Richard
Brill, Edward A.
Walsh, David Francis
Subjects
Advisors
Date of Issue
1973-07
Date
1973-07
Publisher
Monterey, California. Naval Postgraduate School
Language
en_US
Abstract
The paper points out that for purposes of estimating the total cost of various health care bills providing comprehensive prepaid care the relevant concept is not 'moral hazard' as usually defined, but rather relative moral hazard, the tendency for an individual to increase utilization over what they might have done under a fee-for-service plus coinsurance system. Although the empirical results are tentative and preliminary, they seem to indicate that great per capita jumps in the consumption of free inpatient care may well have been exaggerated. (Author)
Type
Technical Report
Description
Series/Report No
Department
Identifiers
NPS Report Number
NPS55WP73071A
Sponsors
Funder
Format
Citation
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.