Jump to ContentJump to Main Navigation
Moral Hazard in Health Insurance$
Users without a subscription are not able to see the full content.

Amy Finkelstein

Print publication date: 2014

Print ISBN-13: 9780231163804

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231163804.001.0001

Show Summary Details
Page of

PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 29 March 2020

Commentary

Commentary

Chapter:
(p.55) Commentary
Source:
Moral Hazard in Health Insurance
Author(s):

Kenneth J. Arrow

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231163804.003.0004

This chapter provides a brief analysis of economist Kenneth J. Arrow's notions concerning economics professor Amy Finkelstein's lecture on hospitalization insurance. It begins by discussing the distinctiveness of hospitalization insurance among others, followed by examining the rising trust issue within the relationship between the physician and the patient, before finally covering medical ethics. Arrow argues that, in terms of hospitalization insurance, the insured patients diagnosis might turn out differently from what had been discovered on the initial diagnosis, thereby aggravating the issue of varying medical costs. The issues on medical ethics, in conjunction with physician-patient relationship trust issue, include whether a physician undertakes his duties with due diligence as well as his motives of undertaking.

Keywords:   Kenneth J. Arrow, Amy Finkelstein, hospitalization insurance, medical ethics, due diligence

Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .