The Theory of Demand for Health Insurance
Download or Read eBook The Theory of Demand for Health Insurance PDF written by John A. Nyman and published by Stanford University Press. This book was released on 2003 with total page 228 pages. Available in PDF, EPUB and Kindle.
| Author | : John A. Nyman |
| Publisher | : Stanford University Press |
| Total Pages | : 228 |
| Release | : 2003 |
| ISBN-10 | : 0804744882 |
| ISBN-13 | : 9780804744881 |
| Rating | : 4/5 (82 Downloads) |
Book Synopsis The Theory of Demand for Health Insurance by : John A. Nyman
Book excerpt: 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.
