Asymmetric Information and Culture: Evidence from Takaful Health Insurance

2020 ◽  
Author(s):  
Jordan AlZuBi
Keyword(s):  
Health Insurance ◽  
Asymmetric Information

scholarly journals Asymmetric Information and the Demand for Voluntary Health Insurance in Europe

2010 ◽  
Author(s):  
Kristian Bolin ◽  
Daniel Hedblom ◽  
Anna Lindgren ◽  
Bjorn Lindgren
Keyword(s):  
Health Insurance ◽  
Asymmetric Information ◽  
Voluntary Health Insurance

scholarly journals Issue of Adverse Selection in Health Insurance Market in Assam

2020 ◽  
Vol 8 (5) ◽  
pp. 1917-1920
Keyword(s):  
Health Insurance ◽  
Health Status ◽  
Asymmetric Information ◽  
Adverse Selection ◽  
Market Failure ◽  
Insurance Market ◽  
Poor People ◽  
Insurance Company ◽  
Insurance Policies ◽  
Health Insurance Market

Health insurance acts as an important support system, which protects the health as well as the wealth of people. But health insurance is hardly present in developing countries and in many countries it is totally absent. Presence of asymmetric information among the buyers and sellers makes the insurance market more complicated. Due to which insurance companies finds it is difficult to enter into the insurance market and eventually leads to market failure. To get rid of this problem insurance company increased the price of insurance policies. This has more impact on the poor people as they cannot meet their medical expenses. Adverse selection is the one of issues related to asymmetric information. This paper tries to examine the presence of adverse selection in health insurance market in Assam and about the various factors that influence on decision to buy an insurance policy. Based on primary survey this study used a probit model to analyses the presence of adverse selection in health insurance market. Findings of the study shows that adverse selection is absent in health insurance market but income is found to be an important determinant of insurance coverage. About one third of the population in Assam is living below poverty line and the cost of medical is too higher for the people. So health insurance is necessary in recent time to improve the health status of people in Assam. Therefore government should provide health insurance policies for poor people to improve their health status.

The Impact of Asymmetric Information in Vietnam's Health Insurance: An Empirical Analysis

2012 ◽  
pp. 5-21
Author(s):  
Minh Nguyen Thi ◽  
Phuong Hoang Bich ◽  
Thao Nguyen Thi
Keyword(s):  
Health Care ◽  
Health Insurance ◽  
Asymmetric Information ◽  
Health Care Services ◽  
Health Insurance System ◽  
Insurance Law ◽  
Moral Hazards ◽  
Insurance System ◽  
Care Services ◽  
The Impact

The Vietnam Health Insurance Law in 2008 promulgated universal health care by 2014. To build up a sound and sustainable health insurance system towards this goal, we need to account for the effect of asymmetric information on the use of the health care services, namely moral hazards and adverse selection. This paper uses distinc- tive features of Vietnam's health insurance system to separately estimate the effect of each type. Our results show that the effect of asymmetric information is quite severe and prevalent for old people, and is insignificant for young people. The results can be used for the construction of health insurance policies for Vietnam.

scholarly journals Testing for Asymmetric Information in Private Health Insurance

2012 ◽  
Vol 123 (567) ◽  
pp. 96-130 ◽  
Author(s):  
Pau Olivella ◽  
Marcos Vera‐Hernández
Keyword(s):  
Health Insurance ◽  
Asymmetric Information ◽  
Private Health Insurance
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