Report

Can we design a market for competitive health insurance?

11 Oct 2004
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Is it possible, given the current state of knowledge and technology, to design the appropriate market structure for managed competition? Jane Hall describes the principles of managed competition and its development and application in other countries, then outlines recent developments in private health insurance policy in Australia and proposals to apply managed competition in this country. She describes the required design of the managed competition market place, and identifies four major issues, risk adjustment, budget holding, consumer behaviour, and insurer behaviour.

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2004
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