Moral hazard in health insurance : How important is forward looking behavior ?

  title={Moral hazard in health insurance : How important is forward looking behavior ?},
  author={Aviva Aron-Dine and Liran Einav and A Eric Finkelstein and Mark Cullen},
We investigate whether individuals exhibit forward looking behavior in their response to the non-linear pricing common in health insurance contracts. Our primary empirical strategy exploits the fact that employees who join an employer-provided health insurance plan later in the calendar year face the same initial (“spot”) price of medical care but a higher expected end-of-year (“future”) price than employees who join the same plan earlier in the year. Our results reject the null of completely… CONTINUE READING
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