An important issue with promoting formal insurance in the rural areas of developing countries that has been previously ignored is the interaction between formal insurance and preexisting informal risk sharing arrangements. This paper shows in theory that formal insurance will crowd out informal transfers even when individuals do not purchase insurance, which often makes the overall welfare impa...

The nearly universal belief among policy makers is that risk rating of health insurance premiums makes health insurance unaffordable to high risks due to the high premiums for coverage they face in competitive health insurance markets. If this is true, the affordability of health insurance among high risks may be an important contributor to the large number of uninsured in the U.S. In this pape...

We examine the existence and identify the sources of advantageous selection in the Philippine crop insurance program for corn. Out of the many potential sources considered, we find that using hybrid instead of genetically modified seeds is a source of advantageous selection in this market as farmers who use hybrid seeds purchase more insurance and are also more productive. We also find that far...

Benefiting from access to detailed data on the federally run National Flood Insurance Program for the entire state of Georgia, USA, we analyze residential flood insurance purchasing behavior in that state over more than three decades (1978–2010). The demand for flood insurance on an extensive margin, based on take-up rates, is found to be relatively price inelastic. Aligned with the behavioral ...

purpose: this study wants to find any relationship between the numbers of purchase and the income the customer brings to the company. the attempt is to find those customers who buy more than one life insurance policy and represent the signs of good payments at the same time by the help of data mining tools. design/ methodology/ approach: the approach of this research is to use data mining tools...

Many believe that employees’ health and economic factors plays an important role in their likelihood to purchase health insurance. However decision to purchase health insurance is not trivial matters as many risk factors that influence decision. This paper presents a decision model using fuzzy inference system to identify the likelihoods of purchasing health insurance based on the selected risk...

HEALTH INSURANCE EXCHANGE: This Issue Brief examines issues related to managed competition and the use of a health insurance exchange for the purpose of addressing cost, quality, and access to health care services. It discusses issues that must be addressed when designing an exchange in order to reform the health insurance market and also examines state efforts at health reform that use an exch...

OBJECTIVES Because of high purchase costs of newer vaccines, financial risk to private vaccination providers has increased. We assessed among pediatricians and family physicians satisfaction with insurance payment for vaccine purchase and administration by payer type, the proportion who have considered discontinuing provision of all childhood vaccines for financial reasons, and strategies used ...