How copays and coinsurance impact consumer behavior

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Questions

1. Explain how copays and coinsurance impact consumer behavior when deciding to purchase a medical service.

2. What is the impact of $0 copay on the demand curve? What is the impact of a high deductible on the demand curve?

3. Do you think that high deductibles are a good way to control the demand of health care services? Why or why not?

Reference no: EM133373960

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