However, previous empirical research has found it dicult to disentangle adverse selection from moral hazard in health care. We empirically study this question by a using unique data set with condential information from a large self-insured employer to estimate a structural model of ...
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 occurs in situations where market participation is impacted by asymmetric information, when one party has more information than the other. It is most common in health economics when analyzing insurance markets, like Medigap, and long-term care. Here, adverse selection is when the ...
- 《Health Economics Review》 被引量: 1发表: 2016年 Adverse Selection in the German Health Insurance System – The Case of Civil Servants At the beginning of their career, civil servants in Germany can choose between the social health insurance (SHI) system and a private plan combined with ...
2005. Adverse Selection in Health Insurance Markets? Evidence from State Small-Group Health Insurance Reforms. Journal of Public Economics 89(9/10): 1865-... A Hodgson - 《Journal of Economic Education》 被引量: 5发表: 2014年 Limiting the ACA's Threats to Small Group Health Insurance Markets...
Adverse selection Adverse selection, anti-selection, or negative selection is a term used in economics, insurance, risk management, and statistics. It refers to a market process in which undesired results occur when buyers and sellers have asymmetric information (access to different information); the...
Note: An example of adverse selection is the used-car market in which the seller knows more about the true condition of the car than the buyer, providing incentive to attempt to sell vehicles that are in worse condition than they appear, thus lowering the overall price buyers are willing to...
adverse selection Also found in:Thesaurus,Medical,Financial,Encyclopedia,Wikipedia. n. The tendency of sellers to substitute low-quality products for high-quality products or of a uniformly priced service, such as insurance, to attract only the least profitable customers. Adverse selection arises from...
Adverse selection in health insurance markets leads to two types of inefficiency. On the demand side, adverse selection leads to plan price distortions res... TJ Layton,RP Ellis,TG Mcguire,... - 《Journal of Health Economics》 被引量: 29发表: 2017年 Perspective: Government As Reinsurer For...
Despite much research on the relationship between marital status and health, the confounding effects of marital selection are not well understood. Even less is known about 'adverse selection', the phenomenon that people with poor health or health related attributes have a higher chance of marriage....