Medical Insurance

Demand for insurance (including long-term care, supple- mentary insurance); supply of insurance services; moral hazard, its control and trade-offs with risk-pooling; adverse selection and cream skimming; tax-financed health care sys- tems; tax policy, exemptions, personal subsidies and health care financing; private and public systems of health insur- ance; welfare effects of ‘excess’ insurance and the trade-off
with internalizing externalities; insurance effects on health care providers; issues in coverage: services covered, individual eligibility.