search query: @indexterm Social welfare / total: 200
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| Author: | Leach, J. |
| Title: | Income disparity, inequity aversion and the design of the healthcare system |
| Journal: | Scandinavian Journal of Economics
2009 : VOL. 111:2, p. 277-297 |
| Index terms: | health service inequality social welfare |
| Language: | eng |
| Abstract: | The study evaluates alternative healthcare systems by using an ex post social welfare function. If a society is averse to inequality and there is some income disparity, social welfare under private healthcare insurance is sometimes higher and sometimes lower than social welfare under public healthcare. However, a third system - public healthcare with the option to purchase supplemental healthcare insurance - is always socially preferred to private healthcare insurance. |
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