Recent Findings from National Taiwan University Provides New Insights into COVID-19 (Betting Against Pandemics: Ethical Implications of the “covid Claimania” In Taiwan, 2020-2022): Coronavirus – COVID-19

NewsRx COVID-19 Daily

2023 APR 25 (NewsRx) -- By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily -- Investigators publish new report on Coronavirus - COVID-19. According to news reporting from Taipei, Taiwan, by NewsRx editors, the research stated, “Among measures tackling the impacts of the COVID-19 pandemic, the selling of private insurance policies covering individual infection is overlooked by the ethics literature. To record the ‘COVID Claimania’ in Taiwan and to assess its ethical implications, we collected 38 policies from 10 insurers sold between January 2020 and May 2022 and found that their risk calculation of the COVID-19 prevalence ranged from 0.5% to 11.08%.”

Financial support for this research came from Ministry of Education.

The news correspondents obtained a quote from the research from National Taiwan University, “In reality, the prevalence by the end of 2022 was 37% in Taiwan. Selling private insurance policies is ethically problematic in three ways. First, it represents the insurance industry’s irresponsible risk-taking profit-seeking behaviors. Second, it would jeopardize the effectiveness of the disease-prevention measures by inducing uncontrollable moral hazards. Third, it would expose the insurance companies to unbearable financial risks and cause substantial negative external impacts.”

According to the news reporters, the research concluded: “The government should intervene in the private insurance market in preparation for future public health emergencies.”

This research has been peer-reviewed.

For more information on this research see: Betting Against Pandemics: Ethical Implications of the “covid Claimania” In Taiwan, 2020-2022. Developing World Bioethics, 2023. Developing World Bioethics can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - http://www.wiley.com/; Developing World Bioethics - http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1471-8847)

Our news journalists report that additional information may be obtained by contacting Ming-Jui Yeh, National Taiwan University, Institute for Health Policy and Management, College of Public Health, Taipei, Taiwan.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1111/dewb.12398. 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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