Comments on: Insurance Markets and Advantageous Selection http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/ Tue, 22 May 2012 08:04:55 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Quora http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/comment-page-1/#comment-12306 Quora Wed, 04 May 2011 03:14:12 +0000 http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/#comment-12306 <strong>Why does the government regulate health care?...</strong> The traditional answer by economists is that the market outcome is inefficient due to adverse selection and moral hazard, and therefore government regulations can improve market outcomes. These issues were first brought up in 1965 in a paper by Kenneth... Why does the government regulate health care?…

The traditional answer by economists is that the market outcome is inefficient due to adverse selection and moral hazard, and therefore government regulations can improve market outcomes. These issues were first brought up in 1965 in a paper by Kenneth…

]]> By: Quora http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/comment-page-1/#comment-12130 Quora Wed, 27 Apr 2011 06:57:15 +0000 http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/#comment-12130 <strong>Can a national health care plan increase the GDP? If so, what would be the features of the plan?...</strong> * Better health and longer life can have positive externalities, increasing total welfare, but it can also have negative externalities, such as increased pollution. * Countries can decrease healthcare spending to only 3% of GDP, by adopting Singapore'... Can a national health care plan increase the GDP? If so, what would be the features of the plan?…

* Better health and longer life can have positive externalities, increasing total welfare, but it can also have negative externalities, such as increased pollution. * Countries can decrease healthcare spending to only 3% of GDP, by adopting Singapore’…

]]> By: The Realities of Market Failure « The Confluence http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/comment-page-1/#comment-4161 The Realities of Market Failure « The Confluence Sun, 26 Jul 2009 18:21:38 +0000 http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/#comment-4161 [...] as rates are legally allowed to reflect risk, there is a lot of evidence that selection is actually advantageous rather than adverse.  Despite its massive citation count, Arrow’s paper is deeply wrong.  [...] [...] as rates are legally allowed to reflect risk, there is a lot of evidence that selection is actually advantageous rather than adverse.  Despite its massive citation count, Arrow’s paper is deeply wrong.  [...]

]]> By: Trading Eights » Less Is More: The Ugly Truth about American Health Care http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/comment-page-1/#comment-4160 Trading Eights » Less Is More: The Ugly Truth about American Health Care Sun, 26 Jul 2009 17:29:59 +0000 http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/#comment-4160 [...] this has been conventional wisdom in health economics for many years, but recent evidence suggests adverse selection is not as powerful as once thought. Part of the reason low-risk [...] [...] this has been conventional wisdom in health economics for many years, but recent evidence suggests adverse selection is not as powerful as once thought. Part of the reason low-risk [...]

]]> By: Nick E http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/comment-page-1/#comment-523 Nick E Fri, 01 Feb 2008 06:26:12 +0000 http://healthcare-economist.com/2008/01/30/insurance-markets-and-advantageous-selection/#comment-523 Not that it necessarily invalidates the Finkelstein/McGarry analysis, but the HRS is not the best dataset for evaluating the purchasing of private insurance. The age of the sample implies that much of the sample transitioned into Medicare during across the panel waves, which is a pretty significant confounder. Not that it necessarily invalidates the Finkelstein/McGarry analysis, but the HRS is not the best dataset for evaluating the purchasing of private insurance. The age of the sample implies that much of the sample transitioned into Medicare during across the panel waves, which is a pretty significant confounder.

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