there are fragmentations in iran’s health insurance system. multiple health insurance funds exist, without adequate provisions for transfer or redistribution of cross subsidy among them. multiple risk pools, including several private secondary insurance schemes, have resulted in a tiered health insurance system with inequitable benefit packages for different segments of the population. also fra...

Adverse selection and moral hazard are commonly expected to cause market failures in natural disaster insurance markets. However, such problems may not arise if individuals mainly buy insurance based on risk preferences. Advantageous selection can occur if individuals with insurance are highly risk averse and seek to reduce risk. We offer a comprehensive empirical study of risk selection in nat...

The UPA (Underwriting Profitability Analysis) application embodies a new approach to mining Property & Casualty (P&C) insurance policy and claims data for the purpose of constructing predictive models for insurance risks. UPA utilizes the ProbE (Probabilistic Estimation) predictive modeling class library to discover risk characterization rules by analyzing large and noisy insurance data sets. E...

This article presents the results of an experiment designed to test theoretical predictions about the impact of public compensation schemes and ambiguity on insurance and self-insurance decisions. Consistent with theory, we find that government assistance significantly reduces willingness to pay (WTP) for insurance and self-insurance (compared with a free insurance market). As expected, we also...

This study draws attention to the ubiquitous and borderless nature of cybercrime. It examines the prospect of introducing customized cyber insurance policy in the Nigerian market. As secondary data was not available, the study conducted a survey by administering three sets of questionnaire to purposively selected top executives in four Trade Groups that rely heavily on Internet transactions for...

BACKGROUND Adult studies have shown a correlation between low socioeconomic status and Type 1 Diabetes complications, but studies have not been done in children to examine the effect of socioeconomic status on risk for future complications. This study investigates the relationship between insurance status and parental education and both glycemic control and cardiovascular disease (CVD) risk fac...