This thesis analyzes risk-adjustment schemes, a regulatory means to reduce incentives for risk selection in health … insurance markets. In Chapter 2 the causes of incentives for risk selection and the general structure of risk-adjustment schemes … are explained. In the main part of this thesis (Chapter 3-5) the optimal design of a risk-adjustment scheme is derived …

to address this trade-off empirically for any health insurance scheme. The utility gain through risk-pooling is found to … Commonwealth Seniors Health Card (CSHC). The preferred model is a nonlinear Instrumental Variable (IV) difference … CSHC. I consider the trade-off between moral hazard and risk pooling. There have been few previous attempts internationally …

Objective. To evaluate the role of health plan benefit design and price on consumers' decisions to purchase health …

I examine the problem of writing guaranteed renewable health insurance in the presence of medical spending growth … health insurance, where contract reserves are used to pay a portion of the benefits in later years of the contract. Medical … with risk to show the specific ways that medical spending growth enters the premium and reserve functions. I treat …

, projected risk premia, and variables that may predict levels of health spending. Insurance for institutional health spending is …In developing economies, health shocks play a significant role in instigating and sustaining poverty. The impact of … high catastrophic out-of-pocket health expenditure also fosters a culture in which people decide not to use services …

The United States’ health care sector is increasingly overwhelmed by the high number ofuninsured Americans combined … Affordable Care Act (PPACA) of 2010 is one such method. As agroundbreaking piece of health care reform, PPACA strives to increase … health careaffordability and accessibility for all Americans in both the short and long-term. PPACAhas enabled the federal …

Obtaining health insurance through an employer pools risk, but may lead to moral hazard, where employees with more … health insurance coverage. While the percentage of non-Hispanic Whites without health insurance has fallen slightly since … unexplained.In the final essay, I examine the decision to select a health insurance plan from the options offered by one …