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The introduction of public health insurance programs may lead to moral hazard problems, which refers to the effect of insurance on the behavior of the insured.
Finally, the introduction of public health insurance programs can lead to problems of moral hazard, which refers to the effect of insurance on the behavior of the insured.
Finally, the introduction of public health insurance programs may also lead to problems of moral hazard, which refers to the effect of insurance on the behavior of the insured.
We embed this strategy in an instrumental variable framework to examine the effect of insurance coverage on outcomes.
Ultimately, economic theory predicts that the effect of insurance exchanges on insurance premiums will depend on two offsetting factors.
A rise in cash spending is linked with lower total spending, as consumers become stingier with their health budgets.More important to America's overall health spending, however, is the effect of insurance coverage.
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By assigning coverage randomly, Oregon gave researchers more confidence that they had teased out the true effects of insurance, and had not been fooled by other differences between the insured and the uninsured.
This week, the New England Journal of Medicine published a paper that I co-authored with Katherine Baicker and Ben Sommers, two health economists at the Harvard T. H. Chan School of Public Health, in which we analyzed the health effects of insurance coverage.
When the two institutions are combined, competition is found to partially offset the adverse effects of insurance: most patients seek treatment, but overtreatment is moderated.
Among the organizations lining up against the Anthem-Cigna and Aetna-Humana deals is the American Medical Association, which for years has studied the effects of insurance industry consolidation.
The effects of insurance may differ across income groups.
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