Lit Journal-Health Insurance and the Demand for Medical Care- Evidence from a Randomized Experiment

Lit Journal-Health Insurance and the Demand for Medical Care- Evidence from a Randomized Experiment

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Health Insurance and the Demand for Medical Care: Evidence from a Randomized Experiment This question is important because it determines how likely a person is to demand medical services in regards to how much of the bill they have to pay. It’s a very interesting topic because it really determines how influential moral hazard can be. Another point is that some might believe that the widespread growth of health insurance could quantitatively account for much of the steadily increasing rise in healthcare expenditures. If this were true, maybe it would be more economically efficient to have a greater amount of uninsured Americans. This question is difficult to answer because the amount of money that people are willing to pay for health care can be very different for each individual. As such, by assigning citizens random percentages of health care that they will have to pay, this will intrinsically affect individuals differently. For example, someone who pays 60% of their
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