Fundamentals in health economics

Course content, part 2

The second part of the course will provide you with knowledge on:

    1. market failures in health care insurance markets

    2. key economic concepts and analysis of health care insurance markets. Specifically:

    • risk, risk aversion and demand for health care insurance

    • loading costs and the behavior of insurance firms

    • moral hazard and the role of demand-side cost-sharing

    • impact of health insurance on the efficient allocation of resources in the health care marke

    • adverse selection, plan competition and the issue of plan renewability

    • limits of health care insurance markets & role of the State

Readings/Bibliography

Main references will be:

Bhattacharya, Hyde, Tu, 2014, Health Economics, Palgrave, McMillan.

Sloan Frank A. and Hsieh Chee-Ruey, 2012, Health Economics, MIT press.

Folland, Goodman, Stano, 2007, The economics of health and health care, Prentice Hall.

Further selected readings will be distributed during the course from: Journal of Economic Perspectives, Health Affairs, New England Journal of Medicine, Journal of Health Economics, ....

A detailed syllabus will be delivered to the students at the beginning of the classes.

Teaching methods

Lectures:

Slides 1

Slides 2

Slides 3

Assessment methods

The assessment will combine: A) An assignment (to be prepared during classes and in groups of four students), B) A written exam at the end of classes (90 minutes)

Retake might affect your final grade only via B).

MOCK EXAM with solution

GROUPS:

Group 8 (Azzali, Bribosia, Cevoli and Mohamed), Dror&Firth, 2014 Geneva Papers

Group 9 (Di Mola, Othman, Schnoor and Warn), Limwattananon et al 2014 JPubE

Assignment due on October 11.

Group 10 (Siegfrids, Di Rosa, Ghinelli and Klosse), HeaAff 2017a and HeaAff 2017b

Group 11 (Van Bommel, Scala, Khan and Smirnov), HeaAff 2015 and HeaAff 2017c

Group 12 (Startseva, Cipriano, Soler-Ibanez and Velthuis), Fan, Lien & Ma, 2019 JHE

Assignment due on October 17. Coaching on Monday, October 14.

Office hours See here