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The Medical Uninsured: a Case of Market Failure?

David Cleeton

Public Finance Review, 1989, vol. 17, issue 1, 55-83

Abstract: A model of insurance is presented to show the sources of market failure that result from the current design of public medical assistance programs as stop- Abstract loss insurance. Simulation results are presented for a linear premium subsidy program as a possible solution to the problem.

Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:17:y:1989:i:1:p:55-83

DOI: 10.1177/109114218901700103

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