a r t i c l e i n f o JEL classification: I13 D82 H51 Keywords: Universal basic health insurance Voluntary supplementary insurance Public vs. private insurance Adverse selection Moral hazard Cost effectiveness This paper introduces a tractable model of health insurance with both moral hazard and adverse selection. We show that government sponsored universal basic insurance should cover treatmen...

Numerous investigations have been directed toward aspects of rational life insurance purch&es and optimal coverage levels under differing conditions. Most of these studies have taken as "given" the design of life insurance contracts and have focused on optimal consumer responses to available insurance opportunities.' However, in works by Borch (1960, 1983), Arrow (1963, 1974) and Raviv (1979), ...

Background Despite the implementation of the National Health Insurance Scheme (NHIS) since 2005 in Nigeria, the level of health insurance coverage remains low. The study aims to examine the predictors of enrolment in the NHIS among women of reproductive age in Nigeria.   Methods Secondary data from the 2013 Nigeria Demographic and Health Survey (NDHS) were utilized to ex...

We empirically examine how the decision to purchase private health insurance and hospitalization are made based on labor income, socio-demographic factors, and private health insurance. The increase in household labor income and wealth has a positive effect on purchasing private health insurance. This suggests a supplementary effect for public health insurance under the strict control of a two-...

We examine optimal taxation and social insurance with adverse selection in competitive insurance markets. In the previous literature, it has been shown that, with perfect insurance markets, social insurance improves welfare since it is able to redistribute without creating distortions. This result has been taken as robust to the introduction of adverse selection as this would only provide addit...

As policymakers consider expanding insurance coverage for the human immunodeficiency virus (HIV+) population, it is useful to ask whether insurance has any effect on health outcomes, and, if so, whether public insurance is as efficacious as private insurance in preventing premature death. Using data from a nationally representative cohort of HIV-infected persons receiving regular medical care, ...

Electronic Markets Electronic Markets Electronic Markets Electronic Markets Electronic Markets and Insurance and Insurance and Insurance and Insurance and Insurance Insurance and other financial services appear to be well suited to being sold electronically. No physical goods are involved , as insurance is in effect a purchase of a promise, in the form of a contract, which can be successfully d...

Japan was the first Asian country to introduce social insurance measures and she has expanded them during the last few decades. The first social insurance law was passed in 1922 dealing with worker’s health insurance in general. It was followed by many schemes of social insurance. National Health Insurance in 1938, Seamen’s Insurance in 1939, Employees’ Pension Insurance in 1941 and so forth. A...

Japan was the first Asian country to introduce social insurance measures and it has expanded them during the last few decades. The first social insurance law was passed in 1922, dealing with worker’s health insurance, and it was followed by the National Health Insurance in 1938, Seamen’s Insurance in 1939, and Employees’ Pension Insurance in 1921. However, these were seldom widely available in ...