This paper studies the optimal non-life insurance for an individual exhibiting internal habit formation in a life-cycle model. We show that indemnity is deductible under expected premium principle. Under additional assumption of exponential utility functions, we obtain strategies explicitly and find reduces coverage. Our model offers potential explanation global underinsurance phenomenon. Some ...

Prior Authorization Information Pre-service approval is required for all inpatient services for all products. See below for situations where prior authorization may be required or may not be required for outpatient services. Yes indicates that prior authorization is required. No indicates that prior authorization is not required. N/A indicates that this service is primarily performed in an inpa...

This background paper examines approaches to delivering and financing health services for persons with advanced chronic illness. Recognizing that the Medicare program is the major insurer of such services and that its share is likely to increase due to the aging of the population, the paper focuses on the nature and structure of Medicare hospice-and, to a very limited extent, palliative-care-be...

Unlike the situation in occupational health and safety, there is no nationally coordinated approach to risk management to prevent unintended outcomes of health care provision and improve health care quality. There is a related absence of linkages between quality assurance process, other programs aimed at patient injury prevention and professional indemnity insurance systems. This article discus...

This article estimates the extent to which private insurance supplements affect use of services by Medicare enrollees. Three types of supplements to Medicare's coverage are examined--Health Maintenance Organizations (HMOs), medigap (MGP) plans, and employment-based indemnity (EBI) plans. While each kind of supplement reduces cost sharing on Medicare-covered services, only HMOs do so without inc...

Prior Authorization Information Pre-service approval is required for all inpatient services for all products. See below for situations where prior authorization may be required or may not be required for outpatient services. Yes indicates that prior authorization is required. No indicates that prior authorization is not required. N/A indicates that this service is primarily performed in an inpa...

The technology of detecting axle’s temperature with infrared rays is a new kind of scientific product which plays an important part in the indemnity system of railway rolling stock, The circuit of keyboard and display is a man-machine interactive technology,which is composed of Chip 8279,LED digital display and correlative instruments.Coordinated by Chip 8279,LED digital display perform to read...