Healthcare Triage
RAND and the Moral Hazard: Healthcare Triage #10
As we've explained in previous episodes, insurance is complicated. Even John gets confused (watch the video!). But there's a reason we have all these deductibles, co-pays, and co-insurance. It's because of the moral hazard, and a very...
Healthcare Triage
The Pitfalls of Cost Sharing for Healthcare
Cost-sharing is the practice of making individuals responsible for part of their health insurance costs beyond the monthly premiums they pay for health insurance - think things like deductibles and copayments. The practice is meant to...