,QMENDMENTS TO THE Social Security -4ct, passed in 1965 {Public Law S9-97) not only made major changes in the exisbing old-age, surviwrs: and disabi1it.y insurance (OASDI) syst.em but also established t,wo new insurance programs : the hospital insurance program a.nd the supplementary medical insurance pr0gram.l The three syste.ms are to be financed separately and are therefore discussed separat...

BACKGROUND Asymmetric information is one of the most important issues in insurance market which occurred due to inherent characteristics of one of the agents involved in insurance contracts; hence its management requires designing appropriate policies. This phenomenon can lead to the failure of insurance market via its two consequences, namely, adverse selection and moral hazard. OBJECTIVE Th...

there are two dominant approaches to describe and understand the anatomy of complete health and well-being systems internationally. yet, neither approach has been able to either predict or explain occasional but dramatic crises in health and well-being systems around the world and in developed emerging market or developing country contexts. as the impacts of such events can be measured not simp...

In this paper we investigate the possible presence of switching costs when consumers are offered the opportunity to change their basic health insurance provider. We focus on the specific case of Switzerland which implemented a pure form of competition in basic health insurance markets. We identify several barriers to switching, namely choice overload, status quo bias, the possession of suppleme...

This paper investigates the extent to which private supplementary insurance and Medicaid, which vitiate the effect of Medicare cost-sharing, encourage elderly beneficiaries to seek additional medical care. A multivariate model of health services utilization is estimated with the Tobit technique, using the 1976 Health Interview Survey. We find that either private or public supplementation induce...

Purpose This study examines whether Brazilian health insurance companies (HICs) engage in earnings management through discretionary accruals or operational decisions by refraining from reporting a low indicator of sustainability the market (IDSM). Design/methodology/approach The used Jones and Modified models to identify model described Roychowdhury estimate abnormal behaviors decisions. Data c...

The following article is a recent bibliographic review of supplementary healthcare policies in Brazil and EU. The main focus is analyzing healthcare policies for the private sector in Brazil, within the context of Brazil’s Unified National Health System (SUS), with the profile of the private sector in European Union countries, which have long had public systems integrated with social security. ...