Why moral hazard fails in health care
I’m going to take the time to review a topic that is one my pet peeves, one you hear bandied about all the time in discussions of more consumer directed health care. It’s a topic I came back to repeatedly…
I’m going to take the time to review a topic that is one my pet peeves, one you hear bandied about all the time in discussions of more consumer directed health care. It’s a topic I came back to repeatedly on my old blog – the moral hazard.
Basically, the moral hazard is the idea that people insulated from risk behave differently than people exposed to risk. For instance, …
Why moral hazard fails in health care

