Moral hazard and adverse selection create inefficiencies in private health insurance markets. The authors use claims … attempted to estimate moral hazard in private health insurance by assuming that individuals respond only to the spot price, end …, economic intuition suggests that the nonlinear budget constraints generated by health insurance plans make these assumptions …

The contraction in health care consumption at the start of the pandemic provides insight into central economic … questions of waste and productivity in the U.S. health care system. Using linked mortality and Electronic Medical Records, we …-year mortality by 29.7 deaths per 10,000 among compliers, implying that a 10% increase in health care appointments reduces mortality …

's technological efficiency to help them update their belief about another product's technological efficiency within the same product …

account rather than focusing on the behavior of health professionals …