LEADER 02324cam a22004217a 4500001 99128084782706421 005 20231027022829.0 006 m o d 007 cr cnu|||||||| 008 231027s2023 mau fo 000 0 eng d 035 (NBER)w30854 035 (CKB)4970000000236617 035 (EXLCZ)994970000000236617 040 MaCbNBER |beng |cMaCbNBER 084 H4 |2jelc 084 H51 |2jelc 084 I13 |2jelc 100 1 Baicker, Katherine. 245 10 Achieving Universal Health Insurance Coverage in the United States: |bAddressing Market Failures or Providing a Social Floor? / |cKatherine Baicker, Amitabh Chandra, Mark Shepard. 260 Cambridge, Mass. |bNational Bureau of Economic Research |c2023. 300 1 online resource: |billustrations (black and white); 490 1 NBER working paper series |vno. w30854 588 0 Print version record 520 3 The United States spends substantially more on health care than most developed countries, yet leaves a greater share of the population uninsured. We suggest that incremental insurance expansions focused on addressing market failures will propagate inefficiencies and are not likely to facilitate active policy decisions that align with societal coverage goals. By instead defining a basic bundle of services that is publicly financed for all, while allowing individuals to purchase additional coverage, policymakers could both expand coverage and maintain incentives for innovation, fostering universal access to innovative care in an affordable system. 500 January 2023. 650 7 Publicly Provided Goods |2jelc 650 7 Government Expenditures and Health |2jelc 650 7 Health Insurance, Public and Private |2jelc 710 2 National Bureau of Economic Research. 700 1 Chandra, Amitabh. 700 1 Shepard, Mark. 830 0 Working Paper Series (National Bureau of Economic Research) |vno. w30854. 906 BOOK