Provides a framework for understanding the effects of changes in the Military Health System benefit structure on the demand for health care services paid for by

A seminal work in health economics first published in 1972, Michael Grossman's The Demand for Health introduced a new theoretical model for determining the heal

Addressing the challenge of covering heath care expenses—while minimizing economic risks. Moral hazard—the tendency to change behavior when the cost of that

Why do people buy health insurance? Conventional theory holds that people purchase insurance because they prefer the certainty of paying a small premium to the

"Supported by the U.S. Department of Health and Human Services."