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MARKET COMPETITION, COMMUNITY RATING, RISK EQUALISATION AND EFFICIENCY IN HEALTH INSURANCE – A CASE STUDY
Author(s) -
Barrett Sean D.
Publication year - 2009
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2009.01894.x
Subject(s) - competition (biology) , payment , irish , health insurance , business , actuarial science , supreme court , public economics , state (computer science) , economics , finance , health care , economic growth , law , political science , ecology , linguistics , philosophy , algorithm , computer science , biology
Risk equalisation payments threatened to undermine competition in the Irish health insurance sector, which is already dominated by a state‐owned provider with special access to policy‐makers. The Supreme Court's decision against such payments is therefore to be welcomed.