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We first develop a structural model of consumers' monitoring opt-in choice in relations to their insurance demand and the cost to insure them.
Pairing our framework with hospital and insurance demand estimates from Ho and Lee (2017), we compare social, consumer, and insurer-optimal hospital networks for the largest non-integrated HMO carrier in California across several geographic markets.
We then analyze predictions at the individual level, in particular how insurance demand varies with observable characteristics.
In this note we revisit the affection effect in an insurance demand experiment with incentive compatible payments.
Experimental studies have documented an affection effect in general decisions under risk as well as in insurance demand decisions.
As baby-boomers age and millions of Americans gain insurance, demand for basic health services will surge.
Similar(39)
When the mortgage market went south in 2007 and 2008, the banks to whom A.I.G. had sold credit insurance demanded billions of dollars in collateral.
Hence, it will be very important to think about life insurance besides property insurance when viewing this potential implication of disasters on insurance demands.
The insurance demands proved so onerous that anti-war organizers were forced to change the location of their rally.
Insurance demands when dealing with young children and physical activity are high, but the owners' prior experience will keep these costs affordable.
This is expensive but most insurance companies demand a health certificate, and often you'll need one to cross county or state borders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com