Focusing on poor people in low-income countries (LICs) entails a price constraint for those planning to supply health insurance. The challenge is to price health insurance at a level that ensures a balance between expenditure and income, at least in the long term, and remains affordable and...

Hypothetical bias is the discrepancy between stated preferences and actual choices. As such, it is one of the key issues regarding the use of hypothetical survey methods and therefore highly relevant for economists in understanding human behavior and refining policy interventions. Hypothetical...

In the first two quarters of 2013 the Georgian government introduced and fully implemented a universal health care (UHC) plan covering all those not-yet publicly or privately insured. We estimate the effect of the introduction of the universal healthcare plan on the level of out-of-pocket (OOP)...