publication . Article . 2003

medical progress and supplementary private health insurance

Reiner Leidl;
Restricted
  • Published: 01 Jan 2003 Journal: Geneva Papers on Risk and Insurance - Issues and Practice, volume 28, pages 222-237 (issn: 1018-5895, eissn: 1468-0440, Copyright policy)
  • Publisher: Springer Nature
Abstract
In many welfare states, tightening financial constraints suggest excluding some medical services, including new ones, from social security coverage. This may create opportunities for private health insurance. This study analyses the performance of supplementary private health insurance (SPHI) in markets for excluded services in terms of population covered, risk selection and insurer profits. Using a utility-based simulation model, the insurance market is described as a composite of sub-markets. The latter are defined by the key parameters of risk, risk aversion and information levels on the insurer and on the consumer side. Numbers of contracts, revenue, adverse...
Subjects
free text keywords: Public economics, Actuarial science, Market share, Key person insurance, Self-insurance, Economics, Insurance policy, Group insurance, Adverse selection, Casualty insurance, Auto insurance risk selection
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publication . Article . 2003

medical progress and supplementary private health insurance

Reiner Leidl;