Lessons from Game Theory about Healthcare System Price Inflation
Mark Agee () and
Zane Gates
Applied Health Economics and Health Policy, 2013, vol. 11, issue 1, 45-51
Abstract:
Consistent with game theory predictions, the more cooperative alternative pricing framework benefits all parties by producing substantially lower administrative costs along with higher profit margins for the providers and the insurer. With insurance premiums tied to consumers’ risk-reducing behaviours, the cost of insurance likewise decreases for both the consumer and the insurer. Copyright Springer International Publishing Switzerland 2013
Date: 2013
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DOI: 10.1007/s40258-012-0003-z
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