Download and Read The Theory of Demand for Health Insurance Book PDF
ByJohn A. Nyman
Total Download
24
“All good books have one thing in common – they are truer than if they had really happened.” -Ernest Hemingway
Synopsis
Why do people buy health insurance? Conventional theory holds that people purchase insurance because they prefer the certainty of paying a small premium to the risk of getting sick and paying a large medical bill. This book presents a new theory of consumer demand for health insurance. It holds that people purchase insurance to obtain additional |income| when they become ill.
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