This paper reexamines the efficiency-based arguments for optimal health insurance, extending the classic analysis to consider optimal coverage for prevention and treatment separately. Our paper considers the tradeoff between individuals' risk reduction on the one hand, and both ex ante and ex post moral hazard on the other. We demonstrate that it is always desirable to offer at least some insur...

objectives: the present study aimed to provide an estimation of the current financial burden of renal transplantation therapy for insurance organisations.methods: an excel-based model was developed to determine the treatment costs of current clinical practice in renal transplantation therapy (rtt). inputs were derived from ministry of health and insurance organizations` database, hospital and p...

because iran’s economy is based on oil industry, related issues in this area are very important. one of the important issues in this context is the low participation of oil industry in the total portfolio of the insurance industry that suggests numerous challenges in the interaction between the two. in addition, the imposition of international sanctions against oil projects and oil shipping ins...

Economic analysis of health insurance markets has long noted that insurance increases consumption of heath care services because it shields individuals from the true price of care. The additional consumption attributed to insurance is often labeled as “moral hazard” and, in standard economic models, is considered to result in welfare loss. The cost associated with additional consumption provide...

We look at the consequences of allowing public health insurance (PuHI) to be voluntary when its coverage can be supplemented in the market. PuHI redistributes with respect to risk and income, and the market is affected by adverse selection. We argue that making PuHI voluntary does not lead to its collapse since there are always individuals participating in it. Additionally, in some cases, a vol...

In this paper, we examine the interplay of regulatory structures and the use of technology on the electricity distribution grid. The emphasis is on the incentives provided by regulation for efficient investment in capital and technology. Several regulatory structures are examined to determine their relative affects on investments in technologies, especially new technologies that can improve eff...