ArticleThe quarterly journal of economics2015
BEHAVIORAL HAZARD IN HEALTH INSURANCE.
Article in The quarterly journal of economics, 2015. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 37 papers.
What it found
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
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Who cites it
37 citing papers in PubMed.
- The Effect of a Future-Self Avatar Mobile Health Intervention (FutureMe) on Physical Activity and Food Purchases: Randomized Controlled Trial.Journal of medical Internet research · 2022Trial
- "Is It Free?": Out-of-Pocket Costs for Annual Checkups Among the Insured.Prevention science : the official journal of the Society for Prevention Research · 2026Article
- Conversational mHealth Platform Designed to Support Tuberculosis Treatment Adherence in Low-Income South African Patients: Pilot Cohort Study.JMIR formative research · 2026Article
- Understanding Underinvestment in Prevention: A Behavioral Perspective.Journal of prevention (2022) · 2026Article
- Policy Levers for First-Contact Healthcare Provider Choice: A Discrete Choice Experiment in Shanghai's Hierarchical Medical System.Applied health economics and health policy · 2026Article
- The cost-effectiveness of value-based insurance design initiatives in managing cardiometabolic diseases: a systematic review.The European journal of health economics : HEPAC : health economics in prevention and care · 2026Article
- Does chronic disease coverage for outpatient care affect healthcare utilization and expenditures in China? Evidence from an administrative claim dataset.The European journal of health economics : HEPAC : health economics in prevention and care · 2026Article
- Shifting barriers to health care access: from affordability to coverage issues.BMC health services research · 2026Article
- Global burden of adverse effects of medical treatment from 1990 to 2021: a Global Burden of Disease Study 2021.The Korean journal of internal medicine · 2026Article
- Effects of digital health education on expanding health insurance protection among university students: survey evidence from Shandong, China.Frontiers in public health · 2026Article
- Pharmacy Subscription Program and Medication Refills, Days' Supply, and Out-of-Pocket Costs.JAMA network open · 2025Article
- Economic Evidence on Cost Sharing and Alternative Insurance Designs to Address Moral and Behavioral Hazards in High-Income Health Care Systems: A Systematic Review.Journal of market access & health policy · 2024Review
- Price Sensitivity and Information Barriers to the Take-Up of Naloxone.American economic journal. Economic policy · 2024Article
- The Health Costs of Cost Sharing.The quarterly journal of economics · 2024Article
- Elevating research on how healthcare payment and financing can improve health equity.Health services research · 2023Article
- What Can Economics Say about Alzheimer's Disease?Journal of economic literature · 2023Article
- Do VIP medical services damage efficiency? New evidence of medical institutions' total factor productivity using Chinese panel data.Frontiers in public health · 2023Article
- Healthcare Rationing in Public Insurance Programs: Evidence from Medicaid.American economic journal. Economic policy · 2022Article
- Evaluating the Effect of San Francisco's Paid Parental Leave Ordinance on Birth Outcomes.International journal of environmental research and public health · 2022Article
- The Liquidity Sensitivity of Healthcare Consumption: Evidence from Social Security Payments.American economic review. Insights · 2022Article
Corrections and comments
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Authors and funding
3 authors.
Funding
Abstract
A fundamental implication of standard moral hazard models is overuse of low-value medical care because copays are lower than costs. In these models, the demand curve alone can be used to make welfare statements, a fact relied on by much empirical work. There is ample evidence, though, that people misuse care for a different reason: mistakes, or "behavioral hazard." Much high-value care is underused even when patient costs are low, and some useless care is bought even when patients face the full cost. In the presence of behavioral hazard, welfare calculations using only the demand curve can be off by orders of magnitude or even be the wrong sign. We derive optimal copay formulas that incorporate both moral and behavioral hazard, providing a theoretical foundation for value-based insurance design and a way to interpret behavioral "nudges." Once behavioral hazard is taken into account, health insurance can do more than just provide financial protection - it can also improve health care efficiency.
Identifiers
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.