The majority of Medicare beneficiaries rely on supplemental insurance to help fill the gaps in Medicares benefit package and to protect themselves from large, unanticipated health care expenses. Although numerous studies have been conducted on Medicare Supplemental insurance ownership, few attempts have been made to explore the decision- making process for purchasing Medigap. This book examined decision factors in the dynamics of private supplemental insurance purchases on the conceptual framework of Bounded Rationality. The study used Multilevel modeling to examine the...
The majority of Medicare beneficiaries rely on supplemental insurance to help fill the gaps in Medicares benefit package and to protect them...