Suppose your health insurance allows you, a worker, to buy whatever prescription drugs you wish for $5

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Suppose your health insurance allows you, a worker, to buy whatever prescription drugs you wish for $5 per prescription. In contract negotiations it is proposed to change this benefi t to “10–20,” that is, you pay $10 for generic drugs and $20 for brand-name drugs.

What would your reaction be? What would economic analysis predict?

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Related Book For  answer-question

The Economics Of Health And Health Care

ISBN: 9781138208049

8th Edition

Authors: Sherman Folland, Allen C. Goodman, Miron Stano

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