1.8 Many insurance companies increased premiums by 15% or even more in the early years after 2000,...

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1.8 Many insurance companies increased premiums by 15% or even more in the early years after 2000, blaming soaring pharmaceutical costs for their premium increases. Evaluate the validity of this justification. (Hint: Consider spending on pharmaceuticals as a share of national health expenditures.)

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The Economics Of Health And Health Care

ISBN: 9781032309866

1st Edition

Authors: Sherman Folland; Allen C. Goodman; Miron Stano; Shooshan Danagoulian

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