) shows that this constraint might well bind: insured could get higher expected utility if insurance contracts would allow … optimal insurance contract he derives underestimates the relevance of the non-negativity constraint on indemnities. This paper …

optimal insurance. It analyzes two basic forms of insurance contracts: A contract with a deductible and a contract imposing a … form of an insurance contract to impose partial insurance of the low risks. This paper contributes to the discussion on … positive co-insurance rate. Since high risks can always self-reveal themselves as high risks and buy the optimal insurance …

Under certain conditions the optimal insurance policy will offer full coverage above a deductible, as Arrow and others … rarely ever optimal to combine two losses in one insurance contract prescribing only a single deductible for both losses if … have shown long time ago. Interestingly, the same design of insurance policies applies in case of a single loss and ex …

Health insurance is potentially subject to risk selection, i.e. adverse selection on the part of consumers and cream … health insurance policies with deductibles in excess of the legal minimum do indeed serve as an instrument of risk selection … alternative insurance contracts that differed both in terms of deductibles and copayments and in bene.ts covered. Results suggest …

countries, the social security system insures firms against their workers' sickness absences. However, this insurance may create … change that took place in Austria in 2000. In September 2000, an insurance fund that refunded firms for the costs of their …

One of the main features of health insurance is moral hazard, as defined by Pauly (1968); people face incentives for … problem, a coinsurance can be included in the insurance contract. We analyze under what conditions there is a conflict between … individuals on what coinsurance rate should be set with public health insurance, and we establish conditions for a median …

explaining sickness absence behavior. In this context public discussions about the intentions of the insurance, and of the rights … information meetings about the Swedish sickness insurance affect the length of sickness absence spells. The study is based on …

This paper studies interrelations between two benefits in the Swedish social insurance system: the sickness insurance …

Social insurance programs typically comprise sick leave insurance. An important policy parameter is how the cost of …