THE EFFECT OF UNCERTAINTY ON THE DEMAND FOR HEALTH INSURANCE

Authors

  • N. Ya. Klymuk Ternopil State Medical Universiti by І. Ya. Horbachevsky

DOI:

https://doi.org/10.11603/mie.1996-1960.2009.2.80

Abstract

This article analyzes the effect of uncertainty and increase in risk aversion on the demand for health insurance using a theoretical model that highlights the inter-dependence between insurance and health care demand decisions.

References

Arrow J.K. Uncertainty and the Welfare Economics of Medical Care // American Economic Review. - 1963. - 53. - Р. 941-973.

Blomqvist A. G. Optimal Nonlinear Health Insurance // Journal ofHealth Economics. - 1997. - 16. - Р. 303-321.

Cameron A. C., Trivedi P. K., Milne F. et al. A Mcroeconometric Model of the Demand for Health Care and Health Insurance in Australia // Review ofEconomic Studies. - 1988. - Р. 85-106.

Cutler D. M., Zeckhauser R. J. The Anatomy of Health Insurance, in: J. A. Culyer and J. P. Newhouse, eds., Handbook ofHealth Economics (Amsterdam: Elsevier, Chapter 11), 2000.

Dardanoni V, Wagstaff A. Uncertainty and the Demand for Medical Caie // Journal ofHealthEconomics. -1990. -9. - Р. 23-38.

Demers F., Demers M. Increases in Risk and the Optimal Deductible // Journal of Risk and Insurance. - 1991. - 58. - Р. 670-699.

Grossman M. On the Concept of Health Capital and the Demand for Health // Journal of Political Economy. - 1972. -80. - Р. 223-255.

Liljas B. The Demand for Health with Uncertainty and Insurance // Journal ofHealth Economics. - 1998. -17. - Р. 153-170.

Pauly M. V The Economics of Moral Hazard: Comment // American Economic Review. - 1968. - 58. - R 531-536.

Pauly M. V Insurance Reimbursement, in: J. A. Culyer and J. P. Newhouse, eds., Handbook of Health Economics (Amsterdam: Elsevier, Chapter 10), 2000.

Picone G., Uribe M., Wilson R.M. The Effect of Uncertainty on the Demand for Medical Care, Health Capital and Wealth / / Journal ofHealth Economics. - 1998. - 17. - R 171-185.

Rothschild M., Stiglitz J.E. Increasing Risk: 1. A Definition // Journal ofEconomic Theory. - 1970. - 2. - R. 225-243.

Rothschild M., Stiglitz J.E. Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Information // Quarterly Journal of Economics. - 1976. - 90. - R. 629-649.

Wagstaf F. A. The Demand for Health: A Simplified Grossman Model // Bulletin ofEconomic Research. - 1986. -38. - R. 93-95.

Zweifel P., Manning W. G. Moral Hazard and Consumer Incentives in Health Care, in: J. A. Culyer and J. P. Newhouse, eds., Handbook of Health Economics (Amsterdam: Elsevier, Chapter 8), 2000.

Published

2012-11-12

How to Cite

Klymuk, N. Y. (2012). THE EFFECT OF UNCERTAINTY ON THE DEMAND FOR HEALTH INSURANCE. Medical Informatics and Engineering, (2). https://doi.org/10.11603/mie.1996-1960.2009.2.80

Issue

Section

Articles