Printer Friendly


Cutler considers the rationale and economic effects of allowing supplemental medical insurance to exist. Countries may allow three types of insurance supplements: insurance for uncovered services, which most countries allow; insurance to pay for cost sharing under the standard government insurance plan, which some countries allow but others do not; and insurance that allows people to jump to the front of queues, again allowed in some countries but prohibited in others. In the United States, insurance to pay for cost sharing under Medicare is common. Cutler shows that such insurance raises Medicare spending by up to one-third.
COPYRIGHT 2000 National Bureau of Economic Research, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:supplemental medical insurance
Publication:NBER Reporter
Article Type:Brief Article
Geographic Code:1USA
Date:Mar 22, 2000
Previous Article:Abe.
Next Article:Yamada.

Related Articles
Health care.
Program report: the economics of aging.
Reimbursement for Treatment of End-Stage Renal Disease.
Making sense of the medical system.
NBER Profile: Josepb P. Newhouse.
Multiple-choice question: disease management, cost shifting and prescription-drug initiatives are some of the strategies insurers are using to...
Appetite control: new HIAA chairman says Americans need to be weaned from their love of cheap health care. (Life/Health: Health-Care Costs).
Business briefs.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters