Genetic Information: Comparing Alternative Regulatory Approaches when Prevention Matters

@inproceedings{Barigozzi2011GeneticIC,
  title={Genetic Information: Comparing Alternative Regulatory Approaches when Prevention Matters},
  author={Francesca Barigozzi and Dominique Henriet},
  year={2011}
}
We compare the alternative approaches for regulating genetic information in the health insurance market when prevention measures are available. In the model, firms offer insurance contracts to consumers who are initially uninformed of their risk type but can obtain such information by performing a costless genetic test. A crucial ingredient of our analysis is that information has decision-making value since it allows for optimal choice of a self-insurance action (secondary prevention). We focus… CONTINUE READING
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