Hospital Reimbursement under Medicare

Some appealing aspects of a voucher program-promise of promoting efficiency while respecting individual preference, and capping federal expenditures-may be illusory. Adverse selection, administrative and regulatory complexity, and serious inequities are not likely to meet tests of feasibility or desirability.

Author(s): Judith R. Lave

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Volume 62, Issue 2 (pages 251–268)
Published in 1984