On the existence of relative moral hazard
By: by David Whipple, Edward Brill [and] David Walsh
Contributors: Brill, Edward A.; Walsh, David Francis, 1944-; Naval Postgraduate School (U.S.)
Publisher: Naval Postgraduate School
Published: 1973
Place of publication: Monterey, California
Language: eng
Number of pages: 27
Subjects: Mathematical models; Cost of Medical care
Description: The paper points out that for purposes of estimating the total cost of various health care bills providing comprehensive prepaid care the relevant concept is not 'moral hazard' as usually defined, but rather relative moral hazard, the tendency for an individual to increase utilization over what they might have done under a fee-for-service plus coinsurance system. Although the empirical results are tentative and preliminary, they seem to indicate that great per capita jumps in the consumption of free inpatient care may well have been exaggerated. (Author)
Notes: Title from cover.

"July 1973"--Cover.

"NPS-55WP73071A"--Cover.

DTIC Identifiers: Medical services, health insurance.

Author(s) key words: Moral hazard, coinsurance, fee-for-service, utilization, health care.

Includes bibliographical references (p. 16).

"Approved for public release; distribution unlimited"--Cover.

Technical report; 1973.