that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the … show how the law of insurance contracts should allow insurers to incentivize policyholders to exert an adequate level of …

; (6) mobilizing additional nongovernment resources via insurance (including social health insurance, and community and … private insurance); (7) increasing cost-recovery measures; and (8) increasing efficiency. The paper concludes that the chief …