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Moral Hazard in Health Insurance$
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Amy Finkelstein

Print publication date: 2014

Print ISBN-13: 9780231163804

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231163804.001.0001

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PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 14 October 2019

Discussion

Discussion

Chapter:
(p.73) Discussion
Source:
Moral Hazard in Health Insurance
Author(s):

Amy Finkelstein

Kenneth J. Arrow

Jonathan Gruber

Joseph P. Newhouse

Joseph E. Stiglitz

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231163804.003.0006

This chapter presents the discussion between the audience members and the lecturer Amy Finkelstein, and commentators Kenneth J. Arrow and Joseph E. Stiglitz. The audience members initially raised a set of questions regarding who to blame for the problem of moral hazard, what controls studies have that will address the problem of moral hazard, and how they will utilize preventive care as a solution to the problem of moral hazard, particularly on reducing medical care spending habits. In addition to the questions, Stiglitz followed up with two points concerning welfare issue and duration of spending for health care costs, which Finkelstein responded with agreement. Arrow topped off that these health care problems are aggravated by the fact that people need to pay tax to the government.

Keywords:   Amy Finkelstein, Kenneth J. Arrow, Joseph E. Stiglitz, moral hazard, welfare issue, health care costs

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