Do consumers take the net price (including insurance and time) they face into consideration when choosing health

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Do consumers take the net price (including insurance and time) they face into consideration when choosing health care? What evidence suggests that price matters? Suggest real-life scenarios in which price may affect choices regarding health care.

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The Economics Of Health And Health Care

ISBN: 9781138208049

8th Edition

Authors: Sherman Folland, Allen C. Goodman, Miron Stano

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Question Posted: Jan 29, 2024 03:07 AM

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Do consumers take the net price (including insurance and time) they face into consideration when choosing health

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Yes consumers do consider the net price which may include cost of insurance associated time direct costs of medical services outofpocket expenses etc ...View the full answer

The Economics Of Health And Health Care

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