The Purchase of Medical Care Through Fixed Periodic Payment: National Bureau of Economic Research, No. 20

""The Purchase of Medical Care through Fixed Periodic Payment"" is a research paper published by the National Bureau of Economic Research, authored by Williams and Pierce. The paper explores the concept of fixed periodic payment for medical care, a system in which individuals pay a set amount for healthcare services over a defined period of time, rather than paying for each service individually. The authors analyze the potential benefits and drawbacks of this system, including its potential to reduce healthcare costs and increase access to care for low-income individuals. They also examine the potential challenges of implementing such a system, including the need for effective cost controls and the potential for adverse selection. Overall, the paper provides a detailed analysis of an alternative approach to healthcare financing and offers insights into the potential implications of this system for healthcare policy and practice.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.