The Effect of Health Insurance on the Demand for Medical Care .
Data drawn from the 1960 Survey of Consumer Expenditures are used to estimate price and income elasticities of the demand for hospitalization and physicians' services. The price elasticity ranges from --0.35 to --1.5 for prices ranging from 20 to 80 percent of the 1960 market price. The income elast...
| Publicado en: | Journal of Political Economy Vol. 81; no. 2; pp. 281 - 306 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
University of Chicago Press
Mar/Apr73 Part 1
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=5051932&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 5051932 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00223808 JPE jtl: Journal of Political Economy issn: 00223808 maglogo: N pubinfo: dt: Mar/Apr73 Part 1 vid: 81 iid: 2 pid: 415 pub: University of Chicago Press artinfo: ui: 5051932 10.1086/260028 ppf: 281 ppct: 25 formats: tig: atl: The Effect of Health Insurance on the Demand for Medical Care . aug: au: Rosett, Richard N. Lien-fu Huang su: Medical care costs Demand function sug: subj: Medical care costs Demand function ab: Data drawn from the 1960 Survey of Consumer Expenditures are used to estimate price and income elasticities of the demand for hospitalization and physicians' services. The price elasticity ranges from --0.35 to --1.5 for prices ranging from 20 to 80 percent of the 1960 market price. The income elasticity ranges from 0.25 to 0.45 for incomes ranging from $4,000 to $10,000. The estimated demand function is used to calculate the cost of providing protection against the highly probable, small losses typically covered by health insurance policies. A family with an income of $7,000 paid 2.5 times the actuarial value of the loss to protect itself against a highly probable $110 loss. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1973 holdings: @attributes: islocal: N |
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