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This paper empirically assesses the selection effects and determinants of the demand for supple-mental health insurance … individual's health status, risk attitude, demand for medical services and insurance purchases in other lines of insurance as … healthier on average. In addition, insurance affinity and income are the most important drivers of the demand for both types of …
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We investigate the presence of moral hazard and advantageous or adverse selection in a market for supplementary health insurance. For this we specify and estimate dynamic models for health insurance decisions and health care utilization. Estimates of the health care utilization models indicate...
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Several past studies have found health risk to be negatively correlated with the probability of voluntary health insurance. This is contrary to what one would expect from standard textbook models of adverse selection and moral hazard. The two most common explanations to the counter-intuitive...
Persistent link: https://www.econbiz.de/10013148387
Several past studies have found health risk to be negatively correlated with the probability of voluntary health insurance. This is contrary to what one would expect from standard textbook models of adverse selection and moral hazard. The two most common explanations to the counter-intuitive...
Persistent link: https://www.econbiz.de/10012462963
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