Free for All ? – Lessons from the Rand Health Insurance Experiment (Paper)

From 1971 to 1982, researchers at the RAND Corporation devised an experiment to address two key questions in health care financing: how much more medical care will people use if it is provided free of charge? and what are the consequences for their health? This book presents a comprehensive account of the experiment and its findings. It should be a useful teaching tool and reference for anyone concerned with health-care policy.