New Healthcare Economics Data Have Been Reported by Researchers at University of California (Delivering Health Insurance Through Informal Financial Groups: Evidence On Moral Hazard and Adverse Selection)

2021 JUL 08 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Current study results on Economics - Healthcare Economics have been published. According to news reporting originating in Merced, California, by NewsRx editors, the research stated, “Moral hazard and adverse selection are potential explanations for missing health insurance in low-income countries. In recent years, informal financial institutions have attempted to complete health insurance markets by offering micro health insurance (MHI).”

Financial support for this research came from European Development Research Network.

The news reporters obtained a quote from the research from the University of California, “We evaluate an MHI offered through informal financial institutions (Self-Help Groups) in Maharashtra, India. Exploiting random assignment of when villages were offered the MHI, we do not find support for MHI increasing health care utilization. In contrast, we do find evidence for adverse selection: enrollees are significantly more likely than non-enrollees to report poor health prior to the introduction of MHI. This adverse selection persists even when the MHI is offered as a group insurance to Self-Help Groups, as opposed to individual insurance.”

According to the news reporters, the research concluded: “Our results suggest that MHI offered through informal financial groups may not suffer from moral hazard, but does fall short of eliminating adverse selection.”

This research has been peer-reviewed.

For more information on this research see: Delivering Health Insurance Through Informal Financial Groups: Evidence On Moral Hazard and Adverse Selection. Health Economics, 2021. Health Economics can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - http://www.wiley.com/; Health Economics - http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1050)

Our news correspondents report that additional information may be obtained by contacting Ketki Sheth, University of California, 5200 Lake Rd, Merced, CA 95344, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/hec.4370. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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