Adverse selection, a process whereby low-risk individuals drop out of the insurance pool, leaving only high-risk individuals, arises when the individuals purchasing insurance have better information regarding their risk status than does the insurer. […] In the limit, adverse selection… Read More »Why insurance works better with some adverse selection
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit… Read More »Sam Watson’s journal round-up for 12th June 2017
I attended the European Health Economics Workshop (EHEW) in Oslo. The workshop has been running for almost 20 years and it shows. Most participants have attended many editions of EHEW, which has and continues to shape the field of health… Read More »Meeting round-up: 18th European Health Economics Workshop (EHEW)
Nobel laureate Kenneth Arrow passed away on February 21, 2017. In a classic, fifty-year-old paper entitled Uncertainty and the Welfare Economics of Medical Care, Arrow discussed how: “the operation of the medical-care industry and the efficacy with which it satisfies… Read More »Kenneth Arrow on healthcare economics: a 21st century appreciation
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit… Read More »Chris Sampson’s journal round-up for 27th February 2017
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit… Read More »Brent Gibbons’s journal round-up for 30th January 2017
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit… Read More »Brent Gibbons’s journal round-up for 12th December 2016
Yesterday I explored one of the major challenges to affordable, universal health insurance, namely the high cost of providing care to the sickest patients. The extreme distribution of healthcare costs means that “Targeting the highest spenders represents the greatest opportunity… Read More »“Doing the math” on the distribution of healthcare expenditures: a Pareto-like distribution is inevitable
One of the major challenges to affordable, universal health insurance is the high cost of providing care to the sickest patients. According to Roy Vaughn, senior vice president at BlueCross BlueShield of Tennessee, “just 5 percent of the company’s marketplace… Read More »Sharing the burden of healthcare: providing care to our sickest patients
Every Monday our authors provide a round-up of some of the most recently published peer reviewed articles from the field. We don’t cover everything, or even what’s most important – just a few papers that have interested the author. Visit our Resources… Read More »Chris Sampson’s journal round-up for 5th September 2016