Can Insurance Increase Financial Risk? The Curious Case of Health Insurance in China

The most basic argument for insurance is that it reduces financial risk. But since insurance opens up new opportunities for consuming expensive high-technology care which permits health improvements that are valued by the insured, and because in many settings the provider is able and has an incentiv...

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Bibliographic Details
Main Authors: Wagstaff, Adam, Lindelow, Magnus
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2005/10/6323665/can-insurance-increase-financial-risk-curious-case-health-insurance-china
http://hdl.handle.net/10986/8506