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-hosting regions. We study the role of inattention as a key source of inertia in health plan choices. Our structural model shows that … more than 90% of the elderly in Switzerland are inattentive and thus stick to their previous plan. We estimate sizeable … switching costs even conditional on attention explaining part of the observed choice persistence. Inattention leads to …
Persistent link: https://www.econbiz.de/10012625341
This paper analyses possible options how to improve the risk adjustment of the health insurance system in the Czech Republic. Out of possible options it argues for including Pharmaceutical Cost Groups (PCGs) as additional risk factors since it is an improvement that can be implemented almost...
Persistent link: https://www.econbiz.de/10010322206
which these non-market alternatives can account for the fraction of the non-elderly adults who are uninsured, and estimate …
Persistent link: https://www.econbiz.de/10010290005
Insurance, for urban residents without formal employment, including children, the elderly, and other unemployed urban residents …. We also find that this program has improved medical care utilization more for the elderly, for the low- and middle …
Persistent link: https://www.econbiz.de/10010287615
A tontine provides a mortality driven, age-increasing payout structure through the pooling of mortality. Because a tontine does not entail any guarantees, the payout structure of a tontine is determined by the pooling of individual characteristics of tontinists. Therefore, the surrender decision...
Persistent link: https://www.econbiz.de/10011698089
evidence of the elderly having a greater propensity to be fully vaccinated. Finally, accounting for the political dimension …
Persistent link: https://www.econbiz.de/10014290107
two sources of inertia, inattention to plan choice and switching costs. We develop a panel data model with separate … attention and choice stages, linked by heterogeneity in acuity, i.e., the ability and willingness to make diligent choices …. Using data from Medicare Part D, we find that inattention is an important source of inertia but switching costs also play a …
Persistent link: https://www.econbiz.de/10012290352
The purpose of this paper is to conduct a theoretical and empirical analysis of the nexus between long-term care insurance (LTCI), formal care, informal (family) care, and bequests. In our empirical analysis, we use micro data from the Japan Household Panel Survey on Consumer Preferences and...
Persistent link: https://www.econbiz.de/10015054248
In this paper we analyze the impact of a randomized information package on the understanding and uptake of community based health insurance. The information package consists of a detailed brochure which is distributed to households through home visits, a video also presented in people's homes...
Persistent link: https://www.econbiz.de/10011653472
Amidst growing concerns over heightened natural disaster risks, this study pioneers an inquiry into the causal impacts of cyclones on the demand for private health insurance (PHI) in Australia. We amalgamate a nationally representative longitudinal dataset with historical cyclone records,...
Persistent link: https://www.econbiz.de/10014528300