This paper estimates the aggregate demand for private health insurance coverage in the U.S. using an error-correction model and by recognizing that people are without private health insurance for voluntary, structural, frictional, and cyclical reasons and because of public alternatives....

This article estimates the aggregate demand for private health insurance coverage in the United States using an error correction model for the period 1966-1999. Both short- and long-run price and income elasticities of demand are estimated. The empirical findings indicate that both private...