[ExI] The Modern Health Care Maze: Development and Effects of the Four-Party System

[Dan]

>From http://www.independent.org/publications/tir/article.asp?a=740

"Despite numerous federal interventions that have favored health care providers and insurers, the industry has yet to figure out how to overcome the problems of adverse selection, moral hazard, information asymmetry, and free-ridership. Did it ever make sense to create a health care system in which fourth-party employers purchase insurance for their first-party employees from third-party corporations, which in turn pay second-party providers for health care products and services?"

Sadly, the whole article isn't online yet.  The authors cover the rise of the current four-party system in America, along with analyze some directions reform might take.

Regards,

Dan