Basel III, regulating the solvency of banks, is to be fully implemented by 2027 while Solvency III directed at insurers being prepared. In view past experience, it will closely modelled after III. This raises two questions. (i) Will and more successful than their predecessors? (ii) Is appropriate continue banks in same way? The first question motivated an earlier finding that I II risked induci...

1.1 Research and developments in the field of human genetic science will have profound consequences. Not least, it raises concerns for the use of and access to genetic information. In particular, there are perceptions that genetic testing will be seized upon by insurers as a powerful tool to identify those with a favourable genetic profile. Put the other way around, it is assumed that insurers ...

health insurance “across state lines” are often promoted to address the challenges of high health insurance costs and a lack of choice among insurers and have been a core component of alternative health reform proposals since the mid-2000s. Critics, however, argue that across state lines proposals would lead to deregulation and a “race to the bottom” where health insurers relocate to the states...

In this article, Mattke and his colleagues discuss the risk that strategic behavior by health insurers could unravel the market for curative therapies for chronic diseases. Because the cost of these cures is front-loaded but the benefits accrue over time, insurers might attempt to delay treatment or avoid patients who require it, in the hope that they might change insurers. The authors discuss ...

Today, nine OECD countries have national terrorism insurance programs based on some type of public-private risk sharing. While such arrangements helped provide the necessary insurance capacity in the post-September 11, 2001 era, little is known about the impact of such governmental intervention in terrorism insurance markets. This paper focuses on the United States, where the Terrorism Risk Ins...

Although the FPLs we study are similar, there are several generalizable differences. The first is how the laws cap prices. Capping prices at (100-115 percent) the amount paid by public insurers, as opposed to private insurers (or cost), is significant not only because reimbursement from public payers is typically lower,1 but also because it is explicitly based upon a patient’s diagnosis rather ...

Commonly cited causes of the crisis include the high number of lawyers in the United States, increasing litigiousness of society, juries which side with victims rather than uncaring big business, and the growing technological complexity of society (Huber 1987). Notably absent from such accounts are explanations relating to the management practices of insurers themselves. Why are there so many t...

d: m.a. of business management. university of isfahan . [email protected] e: isfahan university of medical sciences , [email protected] knowledge as one of the greatest factors in creating value and competitive advantage, has led organizations to show great tendency toward programs of knowledge management. understanding the relationship between infrastructural capabilities and process c...

■ To avoid insolvency, insurers must charge adequate premiums to pay policyholder claims. ■ Risk classification groups together individuals with similar levels of risk and expected costs, and permits insurers to charge an adequate premium. ■ If individuals purchase insurance on the basis o f health information that is unknown to the insurer, adverse selection results. Adverse selection means th...