Suppose that the graph below illustrates the demand for healthcare services given a coinsurance plan of 25%, what would be the expected change if the participant changed jobs and received a plan with 100% coinsurance?

EBK HEALTH ECONOMICS AND POLICY
7th Edition
ISBN:9781337668279
Author:Henderson
Publisher:Henderson
Chapter6: Population Health
Section: Chapter Questions
Problem 6QAP
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Suppose that the graph below illustrates the demand for healthcare services given a coinsurance plan of 25%, what would be the expected change if the participant changed jobs and received a plan with 100% coinsurance? 

Price of
healthcare
services
P
0
DEMAND
B
Q₁
Medical services consumed
Transcribed Image Text:Price of healthcare services P 0 DEMAND B Q₁ Medical services consumed
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