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Insurance Structure And Health Investment, Nicholas L. Georgakopoulos

Nicholas L Georgakopoulos

The structure of health insurance does not compensate insurers for long-term investments in health, such as those against chronic disease. This paper explores the legal structure of chronic disease treatment by insurers, illustrates the failure of the associated incentives, explores possible improvements and recommends that subsequent insurers (including Medicare) have an obligation to compensate the prior insurer for the averted expenses on diseases that were expected but did not occur.