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Contribution Details

Type Journal Article
Scope Discipline-based scholarship
Title The theory of social health insurance
Organization Unit
Authors
  • Peter Zweifel
Item Subtype Original Work
Refereed Yes
Status Published in final form
Language
  • English
Journal Title Foundations and Trends® in Microeconomics
Publisher Now Publishers Inc.
Geographical Reach international
ISSN 1547-9846
Volume 3
Number 3
Page Range 183 - 273
Date 2007
Abstract Text The objective of this text is to develop the theory of social health insurance (SHI; the expression used especially in the United States is “public health insurance,” which will be viewed as one variant of SHI here). While a good deal is known about the demand and supply of private insurance, the theoretical basis of SHI is much more fragile. Specifically, on the demand side, what are the reasons for social (or public) health insurance to exist, even to dominate private health insurance in most developed countries? With regard to supply, what do we know about the objectives and constraints of SHI managers? Finally, economists can predict properties of the equilibrium characterizing private health insurance (PHI). However, what is the likely outcome (“performance”) of SHI? At the normative level, one may ask, Should the balance be shifted from SHI to PHI?
Digital Object Identifier 10.1561/0700000004
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