Asymmetric Information and Health Insurance
- Title:
- Asimmetria informativa e assicurazione sanitaria
- Description:
-
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In this video, we discuss asymmetric information, adverse selection, and propitious selection in relation to the market for health insurance. Health insurance consumers come in a range of health, but to insurance companies, everyone has the same average health. Consumer have more information about their health than do insurers. How does this affect the price of health insurance? Why would some consumers prefer to not buy health insurance at all? And how does this all relate to the Affordable Care Act? Let’s dive in.
Microeconomics Course: http://mruniversity.com/courses/principles-economics-microeconomics
Ask a question about the video: http://www.mruniversity.com/courses/principles-economics-microeconomics/lemons-problem-asymmetric-information-health-insurance#QandA
Next video: http://www.mruniversity.com/courses/principles-economics-microeconomics/moral-hazard-adverse-selection
- Video Language:
- English
- Team:
- Marginal Revolution University
- Project:
- Micro
- Duration:
- 07:31
EleonoraBetella edited Italian subtitles for Asymmetric Information and Health Insurance | ||
EleonoraBetella edited Italian subtitles for Asymmetric Information and Health Insurance |