Direct evidence of risk aversion as a source of advantageous selection in health insurance

Using the self-stated degree of risk aversion regarding health from the GSOEP we find some evidence for risk aversion being a source of advantageous selection. Risk averse men more often procure supplementary insurance for hospital visits despite needing the additional coverage less.

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Year of publication:	2011
Authors:	Schmitz, Hendrik
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 113.2011, 2, p. 180-182
Publisher:	Elsevier
Subject:	Risk aversion \| Health insurance \| Advantageous selection

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Type of publication:	Article
Classification:	D82 - Asymmetric and Private Information ; G22 - Insurance; Insurance Companies ; I11 - Analysis of Health Care Markets
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010572197