Generous health insurance plans encourage overtreatment, but may not improve health
Monday, June 5, 2017 - 13:12
in Health & Medicine
Offering comprehensive health insurance plans with low deductibles and co-pay in exchange for higher annual premiums seems like a good value for the risk averse, and a profitable product for insurance companies. But according to a study, such plans can encourage individuals with chronic conditions to turn to needlessly expensive treatments that have little impact on their health outcomes.