Why are outpatient care expenditures more responsive to co-insurance rate than inpatient care expenditures

Why are outpatient care expenditures more responsive to co-insurance rate than inpatient care expenditures

Why are outpatient care expenditures more responsive to co-insurance rate than inpatient care expenditures? In other words, why is insurance moral hazard more severe among outpatient care, compared with inpatient care? (Hint: think about the role of physicians during inpatient vs. outpatient care.)

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Answer preview to why are outpatient care expenditures more responsive to co-insurance rate than inpatient care expenditures

APA

305 words

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