DO HEALTH INSURERS CONTRACT THE BEST PROVIDERS? PROVIDER NETWORKS, QUALITY, AND COSTS. (21st February 2019)
- Record Type:
- Journal Article
- Title:
- DO HEALTH INSURERS CONTRACT THE BEST PROVIDERS? PROVIDER NETWORKS, QUALITY, AND COSTS. (21st February 2019)
- Main Title:
- DO HEALTH INSURERS CONTRACT THE BEST PROVIDERS? PROVIDER NETWORKS, QUALITY, AND COSTS
- Authors:
- Boone, Jan
Schottmüller, Christoph - Abstract:
- Abstract: We provide a modeling framework to analyze selective contracting in the health‐care sector. Two health‐care providers differ in quality and costs. When buying health insurance, consumers observe neither provider quality nor costs. We derive an equilibrium where health insurers signal provider quality through their choice of provider network. Selective contracting focuses on low‐cost providers. Contracting both providers signals high quality. Market power reduces the scope for signaling, thereby leading to lower quality and inefficiency.
- Is Part Of:
- International economic review. Volume 60:Number 3(2019)
- Journal:
- International economic review
- Issue:
- Volume 60:Number 3(2019)
- Issue Display:
- Volume 60, Issue 3 (2019)
- Year:
- 2019
- Volume:
- 60
- Issue:
- 3
- Issue Sort Value:
- 2019-0060-0003-0000
- Page Start:
- 1209
- Page End:
- 1247
- Publication Date:
- 2019-02-21
- Subjects:
- Economics -- Periodicals
330.05 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1111/iere.12383 ↗
- Languages:
- English
- ISSNs:
- 0020-6598
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4539.791000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 11398.xml