This chapter summarizes research in behavioral health economics, focusing on insurance markets and product markets in … done a better job documenting consumer-choice mistakes in insurance and treatment choices than explaining why those … consumers leave lots of money on the table in their insurance-plan choices, sometimes thousands of dollars. This is true both …

.S. along two dimensions. If growth in malpractice payments results in higher malpractice insurance premiums for physicians …

price sensitivity appears to greatly exceed that of the famous RAND Health Insurance Experiment (HIE). Moreover, unlike the … insurance should be tied to underlying health status, with chronically ill patients facing lower cost-sharing. We also conclude … that the externalities to Medicare from supplemental insurance coverage may be more modest than previously suggested due to …