Health Insurance and the Demand for Medical Care

Manning, W. G., Newhouse, J. P., Duan, N., Keeler, E. B., & Leibowitz, A. (1987). Health Insurance and the Demand for Medical Care: Evidence from a Randomized Experiment. American Economic Review, 77(3), 251-277.

Type

Journal article

Intellectual base

Primary research

Year

1987

Link

https://www.jstor.org/stable/1804094

Cited from

economics_finance

Cited by

2 citations across 2 artifacts.

Each citation links to the sentence it supports in the citing article.

Primes

• Demand
  • Healthcare utilization. Demand for care responds to copays, queue length, and travel distance, with a measured elasticity literature underpinning benefit design.

    This sourceThe RAND Health Insurance Experiment, establishing a measured price (copay) elasticity of demand for medical care that underpins benefit design.

• Moral Hazard
  • This textbook application is empirically validated by the RAND Health Insurance Experiment (RAND HIE), conducted in the 1970s and 1980s across multiple U.S. sites.

Verification

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