Rate Regulation of Worker's Compensation Insurance: How Price Controls Increase Costs: How Price Controls Increaee Cost - Softcover
Synopsis
In the 1980s and early 1990s, America's system of workers' compensation insurance was in trouble. As medical costs grew and benefits and compensable injuries expanded, costs of this insurance skyrocketed. In response, the states imposed price controls, but those controls caused unforeseen - and negative - consequences. The authors define the problems, trace the regulatory responses, and analyze the effects of rate regulation. Their study illuminates how rate regulation set up to control the cost of workers' compensation insurance reduced incentives for safety and cost control and subsidized high-risk activities and firms at the expense of others.
"synopsis" may belong to another edition of this title.
From the Back Cover
In the 1980s and the early 1990s, America's system of workers' compensation insurance was in trouble. As medical costs grew and benefits and compensable injuries expanded, costs of this insurance skyrocketed. In response, the states imposed price controls, but those controls caused unforeseen--and negative--consequences. The authors define the problems, trace the regulatory responses, and analyze the effects of rate regulation.
Synopsis
This text defines the problem, describes the regulatory response and analyzes the effects of rate regulation. It demonstrates how regulation intended to control costs can exacerbate cost growth by subsidizing high-risk activities and firms at the expense of low-risk activities and firms.
"About this title" may belong to another edition of this title.
- PublisherAei Press
- Publication date1998
- ISBN 10 0844739332
- ISBN 13 9780844739335
- BindingPaperback
- LanguageEnglish
- Number of pages188
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Rate Regulation of Worker's Compensation Insurance: How Price Controls Increaee Cost (Paperback)
Published by
AEI Press, Washington DC, 1998
ISBN 10: 0844739332
ISBN 13: 9780844739335
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Paperback. Condition: new. Paperback. The authors demonstrate how regulation intended to control costs can exacerbate cost growth by subsidizing high-risk activities and firms at the expense of low-risk activities and firms. In the 1980s and the early 1990s, America's system of workers' compensation insurance was in trouble. As medical costs grew and benefits and compensable injuries expanded, costs of this insurance skyrocketed. In response, the states imposed price controls, but those controls caused unforeseen—and negative—consequences. The authors define the problems, trace the regulatory responses, and analyze the effects of rate regulation. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780844739335
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Taschenbuch. Condition: Neu. Neuware - In the 1980s and the early 1990s, America's system of workers' compensation insurance was in trouble. As medical costs grew and benefits and compensable injuries expanded, costs of this insurance skyrocketed. In response, the states imposed price controls, but those controls caused unforeseen--and negative--consequences. The authors define the problems, trace the regulatory responses, and analyze the effects of rate regulation. Seller Inventory # 9780844739335
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Rate Regulation of Worker's Compensation Insurance: How Price Controls Increaee Cost (Paperback)
Published by
AEI Press, Washington DC, 1998
ISBN 10: 0844739332
ISBN 13: 9780844739335
New
Paperback
Seller: AussieBookSeller, Truganina, VIC, Australia
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Paperback. Condition: new. Paperback. The authors demonstrate how regulation intended to control costs can exacerbate cost growth by subsidizing high-risk activities and firms at the expense of low-risk activities and firms. In the 1980s and the early 1990s, America's system of workers' compensation insurance was in trouble. As medical costs grew and benefits and compensable injuries expanded, costs of this insurance skyrocketed. In response, the states imposed price controls, but those controls caused unforeseen—and negative—consequences. The authors define the problems, trace the regulatory responses, and analyze the effects of rate regulation. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. Seller Inventory # 9780844739335
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