different risk classes, and were unexpectedly given the opportunity to insure their dental care costs. The setup of the … insurance makes it possible to observe a proxy for private information. Interestingly, results differ across risk classes …. Within high-risk classes, there is evidence of adverse selection and within low-risk classes, the results, surprisingly …

is to relate the dropout decision to new information on risk, acquired by the policy holder and the insurer. The results … utilization. The results show updating on dental risk to be asymmetric, giving agents and insurer partly different information … sets. Higher premiums are viewed as higher prices of insurance rather than fair risk reassessments. Agents do not take the …