Farmers face enormous production risks due to unpredictable rainfall, yet most do not have any formal insurance. One explanation for this is the existence of informal network-based risk sharing. Using a randomized controlled experiment, we study the demand for, and effects of, offering formal index-based rainfall insurance in an environment of tightly knit informal risk sharing networks: sub-ca...

The prospects of Congress permitting bank expansion into insurance continues to concern bankers, insurers and investors. Based upon event study methods, abnormal returns to investors of banks engaging in currently permitted insurance activities are found to be significant over the 1974-1990 period. Further, disaggregated results suggest that there were significantly higher returns to more recen...

In this new scheme, entities may purchase individual insurance policies on separate medical products and services. We will explore how this may be implemented in clinical scenarios. Also, we will explore how this scheme may promote favorable clinical and economic outcomes. With this proposed scheme, instead of one insurance policy, an individual could select single policies on only those produc...

Health insurance is a service that engaged in the health sector with scope of coverage, namely outpatient, inpatient, and emergency services. The purpose this study was to determine factors influence consumer decisions buying policies. most dominant or influential on purchasing policies product factor which consists trust benefits product.
 keywords: insurance, behavior

The insurance industry, however, is an unusual one. At first it is even difficult to pin down exactly what life insurance companies sell. The industry does not sell a product that you can readily hold in your hands, and it is not typically a service product. Although technically we sell policies, we actually sell promises. The promise is that when a policyholder dies, we will provide something ...

This paper presents the strategy for introducing workflow technologies within the Generali Vienna Group, a large insurance company operating mainly in Central Europe. We discuss the opportunities we see for workflow management in the insurance business as well as the obstacles we faced at (i) the business process reengineering phase, (ii) the workflow product evaluation phase and (iii) the work...

Health care spending represents a growing share of our national income, and based on current projections, will increase from 16% of the gross domestic product today to 20% by 2018. What does this mean for typical working families with private health insurance, who shoulder the financial burden of maintaining the current system? In this Issue Brief, Polsky and Grande construct a typical health c...

The French health system combines universal coverage with a public-private mix of hospital and ambulatory care and a higher volume of service provision than in the United States. Although the system is far from perfect, its indicators of health status and consumer satisfaction are high; its expenditures, as a share of gross domestic product, are far lower than in the United States; and patients...