RAND Corporation
2024
The RAND Corporation (“Research and Development”) is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous. RAND is nonprofit, nonpartisan, and committed to the public interest. RAND’s research findings and recommendations are based on data and evidence and therefore do not necessarily reflect the policy preferences or interests of its clients, donors, or supporters.
One of RAND’s landmark studies was the RAND Health Insurance Experiment conducted between 1974 and 1982. This study, referred to as the largest and most important study of health insurance, led by health economist Joseph Newhouse and funded by the then–U.S. Department of Health, Education and Welfare, aimed to investigate whether income-related cost sharing influenced demand for health services. One of the study’s key findings was that study participants who paid for a share of their health care used fewer health services compared to the group of participants who were offered free care.
The RAND website provides public access to information about their research products and is visited frequently by audiences that include policymakers, academics, and the general public.
Source:
RAND Corporation. https://www.rand.org