7min chapter

Cato Event Podcast cover image

We’ve Got You Covered: Rebooting American Health Care

Cato Event Podcast

CHAPTER

Unpacking Cost Containment in Healthcare

Exploring studies like the Rand Health Insurance Experiment and Oregon Health Insurance Experiment, this chapter discusses the effectiveness and limitations of cost sharing and managed care in reducing unnecessary medical spending. It also critiques the interpretation of results from the Rand Health Insurance Experiment and delves into the complexity of designing policies that balance reducing wasteful care without harming valuable care.

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