With the development of population aging, social security system becomes more and more important in China. The basic old-age insurance is the most serious part of China’s social security system. Whether the basic old-age insurance system achieves its original goal is decisive for success, and we can only use scientific methods to evaluate the efficiency of the system. This paper uses the Analyt...

In the absence of a perfect risk adjustment scheme, cost sharing can reduce risk selection in community-rated health insurance markets. However, cost sharing also reduces incentives for efficiency. In this paper, we develop a model in which insurers determine the cost efficiency of health care. They have incentives for risk selection because there are two risk types which differ in their expect...

We look at the consequences of allowing social insurance to be voluntary when its coverage can be supplemented in the market. Social insurance pools risks and social contributions are increasing in income, while the market is affected by adverse selection. We claim that making social insurance voluntary does not lead to its collapse since there are always individuals either benefiting from redi...

this study is conducted to measure the actual efficiency comparison of life insurance company between bangladesh and malaysia. total 15 life insurance companies’ were selected for the study where 10 conventional life insurance companies’ from bangladesh and 5 takaful lifeinsurance companies’ from malaysia. authors tried toindicate the problems and way to get exact solutions by using data envelo...