Adverse selection in health insurance. In: Garber, A.M. (Ed.), Frontiers in Health Policy Research, vol. 1, MIT Press, Cambridge, MA.Cutler, D., and R. Zeckhauser, 1997, Adverse Selection in Health Insurance, NBER Working Paper No. 6170, National Bureau of Economic Research....
The presence of adverse selection in health insurance can have wide-ranging consequences for both insurance providers and insured individuals. These consequences stem from the imbalanced risk profile within the insured pool, where higher-risk individuals are more likely to enroll in insurance plans. Her...
Adverse selection in the health insurance market: some empirical evidence. [Epub 2010]; The European Journal of Health Economics. 2010 11 (4):413–418. http://dx.doi.org/10.1007/s10198-010-0219-5 .Resende, M.; Zeidan, R. Adverse selection in the health insurance market: Some empirical ...
Individual choice among health insurance policies may result in risk-based sorting across plans. Such adverse selection induces three types of losses: efficiency losses from individuals' being allocated to the wrong plans; risk-sharing losses, because premium variability is increased; and losses from ...
Adverse selection in health insurance markets may reduce social welfare by leading some low-risk consumers to underinsure or too few consumers to purchase coverage, relative to the socially optimal level. I study the social welfare implications of policies that are designed to mitigate these effects...
Besides strands of the general literature about adverse selection in health insurance that is theoretically based on the work by Rothschild and Stiglitz [5] and discussed by Cutler and Zeckhauser [6], this paper is first, closely related to the branch of literature dealing with risk selection in...
The effect of prior-year health expenditures on health coverage plan choice R.M. Scheffler, L.F. Rossiter (Eds.), Advances in health economics and health services research, Biased selection in health care markets, Vol. 6, JAI Press, Greenwich and London (1985), pp. 149-170 View in Scopu...
(Open in a new window)Web of Science ®(Open in a new window)Google Scholar Bardey D, Buitrago G. Supplemental health insurance in the Colombian managed care system: adverse or advantageous selection? J Health Econ. 2017;56:317–329. doi:10.1016/j.jhealeco.2017.02.008 (Open in a ne...
Understanding Adverse Selection Adverse selection occurs when one party in a negotiation has relevant information the other party lacks. The asymmetry of information often leads to poor decisions, such as the choice to do more business with less profitable or riskiermarket segments. ...
Theoretical models predict asymmetric information in health insurance markets may generate inefficient outcomes due to adverse selection and moral hazard. However, previous empirical research has found it difficult to disentangle adverse selection from moral hazard in health care. We empirically study this ...