This paper analyzes the effect of non-economic damage caps on the treatment intensity of heart attack victims. We focus on whether a patient receives a major intervention in the form of either a coronary artery by-pass or angioplasty. We find strong evidence that treatment intensity declines...

Child labor is a common consequence of economic shocks in developing countries. We show that reducing vulnerability can affect child labor outcomes. We exploit the extension of a health and accident insurance scheme by a Pakistani microfinance institution that was set up as a randomized...

The paper aims at the correspondence of the health care financing systems to the social models (welfare regimes) as defined in the social theory and policy, including the trends in the OECD and CEE countries and utilizing the lessons from typical countries. We compare the liberal,...

Currently-used risk-equalization models do not adequately compensate insurers for predictable differences in individuals’ health care expenses. Consequently, insurers face incentives for risk rating and risk selection, both of which jeopardize affordability of coverage, accessibility to health...

We observed that workers with health insurance provided by their employers reported lower job satisfaction in survey data. Middle-aged and middle-income workers, particularly those with young children at home, showed the strongest negative relationship between health insurance and job...

Good practice suggests that budget allocations should reflect spending priorities and that spending should provide cost-effective delivery of public goods and services. This paper analyzes the composition of public expenditure in the Slovak Republic. It also assesses the relative efficiency of...

This technical note highlights Austria’s analysis of the International Association of Insurance Supervisors Insurance Core Principles. The Austrian economy generally performed well over the past several years, with growth above the euro-area average, falling unemployment, and low...

Insurance regulation and supervision is of a high standard, and most of the enhancements suggested have been put in place. Further enhancements will be required, in the context of the forthcoming introduction of Solvency II requirements, in such areas as the frequency of onsite inspections, the...

This report is a full assessment of Brazil’s compliance with the Insurance Core Principles (ICPs) of the International Association of Insurance Supervisors (IAIS) as adopted in October 2011. In the last few years, the Brazilian insurance industry experienced an explosive growth doubling...

This assessment of financial sector supervision and regulation for the Kingdom of the Netherlands—Aruba discusses its financial sector, which is primarily domestically orientated with limited offshore financial sector activity. The system for banking supervision and regulation in Aruba...