Showing 1 - 10 of 43,592
Risk classification refers to the use of observable characteristics by insurers to group individuals with similar expected claims, to compute the corresponding premiums, and thereby to reduce asymmetric information. Permitting risk classification may reduce informational asymmetry-induced...
Persistent link: https://www.econbiz.de/10013051304
discusses if a private health insurance subsidy policy can reduce the expenses covered by the public system. A theoretical model … scenario, a subsidy raises heath expenses if articulation between coverage is complementary. On the contrary, in adverse … selection scenarios a subsidy reduces expenditure if articulation is supplementary. Intermediate scenarios are also considered …
Persistent link: https://www.econbiz.de/10014132406
how different subsidy schemes affect insurers' incentives. I combine data on household-level enrollment and plan … to assess equilibrium outcomes under alternative subsidy designs. I estimate that younger households are significantly …
Persistent link: https://www.econbiz.de/10012949758
This paper proposes a test for the existence and degree of contagious presenteeism and negative externalities in sickness insurance schemes. First, we theoretically decompose moral hazard into shirking and contagious presenteeism behavior and derive testable conditions. Then, we implement the...
Persistent link: https://www.econbiz.de/10012970324
This paper proposes a test for the existence and degree of contagious presenteeism and negative externalities in sickness insurance schemes. First, we theoretically decompose moral hazard into shirking and contagious presenteeism behavior and derive testable conditions. Then, we implement the...
Persistent link: https://www.econbiz.de/10013012140
This paper proposes a test for the existence and degree of contagious presenteeism and negative externalities in sickness insurance schemes. First, we theoretically decompose moral hazard into shirking and contagious presenteeism behavior and derive testable conditions. Then, we implement the...
Persistent link: https://www.econbiz.de/10014132951
-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy …
Persistent link: https://www.econbiz.de/10014244086
Should asset testing be used in means-tested programs? These programs target low-income people, but low income can result not only from low productivity but also from low labor supply. We aim to show that in the asymmetric information environment, there is a positive role for asset testing. We...
Persistent link: https://www.econbiz.de/10013007194
This paper studies a market for a medical product in which there is perfect competition among health insurers, while the good is sold by a monopolist. Individuals differ in their severity of illness and there is ex post moral hazard. We consider two regimes: one in which insurers use coinsurance...
Persistent link: https://www.econbiz.de/10012581345
This paper studies a market for a medical product in which there is perfect competition among health insurers, while the good is sold by a monopolist. Individuals differ in their severity of illness and there is ex post moral hazard. We consider two regimes: one in which insurers use coinsurance...
Persistent link: https://www.econbiz.de/10013221173