This paper examines the standard test for asymmetric information in insurance markets: that its presence will result in a positive correlation between insurance coverage and risk occurrence. We show empirically that while there is no evidence of this positive correlation in the long-term care insurance market, asymmetric information still exists. We use individuals’ subjective assessments of th...

The purpose of this study is to examine the impact of Hawaii’s mandatory employerprovided health insurance on insurance coverage and employment structure in Hawaii. We hypothesize that mandated employer-sponsored health insurance has three effects on health insurance coverage and the labor market. First, it increases employer-provided health insurance coverage for full-time workers. That is, pe...

Numerous investigations have been directed toward aspects of rational life insurance purch&es and optimal coverage levels under differing conditions. Most of these studies have taken as "given" the design of life insurance contracts and have focused on optimal consumer responses to available insurance opportunities.' However, in works by Borch (1960, 1983), Arrow (1963, 1974) and Raviv (1979), ...

Students may extend their Graduate UC Student Health Insurance Plan for up to two quarters if on an approved leave of absence. You must have been covered by UC SHIP in the term immediately preceding the term for which you want to purchase coverage or, if you waived enrollment in the prior coverage period, show proof of loss of the plan used to waive. Proof of loss means an official letter of te...

Students may extend their Graduate UC Student Health Insurance Plan for up to two quarters if on an approved leave of absence. You must have been covered by UC SHIP in the term immediately preceding the term for which you want to purchase coverage or, if you waived enrollment in the prior coverage period, show proof of loss of the plan used to waive. Proof of loss means an official letter of te...

As the number and cost of new technologies grow, it is increasingly important that we develop sound policies for payment for those technologies while their clinical impacts are being defined. Such policies need to balance social interests in promotion of innovation, early access to promising technology, patient safety, control of health care costs, and return on investment. We present a rationa...

The decline in health insurance coverage among workers from 1979 to 1995 can be accounted for almost entirely by the fact that per capita health care spending rose much more rapidly than personal income during this time period. We simulate health insurance coverage levels for 1996–2005 under alternative assumptions concerning the rate of growth of spending. We conclude that reduction in spendin...