The Theory Of Social Health Insurance (foundations And Trends(r) In Microeconomics S.)

The Theory of Social Health Insurance develops the theory of social health insurance also known as public health insurance. While a good deal is known about the demand and supply of private insurance, the theoretical basis of social health insurance is much more fragile. The Theory of Social Health Insurance examines questions including why does social health insurance exist and even dominate private health insurance in most developed countries? What are the objectives and constraints of social health insurance managers? What is the likely outcome or "performance" of social health insurance? The Theory of Social Health Insurance reviews the conventional theory of demand for insurance and health insurance, the supply of health insurance in general and social health insurance in particular, the properties of the optimal health insurance contract, and whether there are factors limiting the growth of social health insurance. Introduction and Overview......Page 12 Theory of Insurance Demand......Page 14 The Demand for Health Insurance......Page 16 Why Social Health Insurance?......Page 18 Benefit Package......Page 26 Risk Selection Effort......Page 35 Loading: The True Price of Insurance......Page 39 Vertical Restraints/Vertical Integration......Page 50 Market Structure......Page 66 The Design of an Optimal Health Insurance Contract......Page 74 Limits Created by Regulation......Page 78 Limits Imposed by Institutional Design......Page 79 Limited Willingness-to-Pay of Citizens......Page 82 Summary and Conclusions......Page 86 Competitive Health Insurer......Page 90 Public Monopoly Health Insurer......Page 94 Types and Efficiency Effects of Regulation......Page 96 References......Page 100 Develops the theory of social health insurance, also known as public health insurance. The book examines questions including: Why does social health insurance exist and even dominate private health insurance in most developed countries? What are the objectives and constraints of social health insurance managers? Offprint. Foundations and trends in microeconomics (Online). Vol. 3, no. 3 (2007).