Competition among differentiated health plans under adverse selection

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Competition among differentiated health plans under adverse selection.

Market power and adverse selection are prevalent features of the market for pre-paid health plans. However, most of the literature on adverse selection considers extreme cases: either perfect competition or monopoly. If instead health plans are horizontally differentiated, then (i) profits derived from each low risk are higher than from each high risk and (ii) when the profits derived from each...

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ژورنال

عنوان ژورنال: Journal of Health Economics

سال: 2007

ISSN: 0167-6296

DOI: 10.1016/j.jhealeco.2006.08.002