Regulation of Insurance Markets and Social Insurance 2022/2023

Academic Year 2022/2023

Learning outcomes

This course introduces students to the economic and regulatory aspects of social insurance. It deals with the socio-economic conceptual frameworks to understand the impact of ageing processes on welfare systems. In particular, the course analyses the areas of health, long term and aged care systems, areas with significant allocative problems due to market and government failures. Students will learn about typologies of social insurance schemes as they are designed and operate in different countries, including comparisons among regulatory frameworks and institutional settings characterized by a public and private mix in the delivery and financing of health care services. At the end of the course students gain a thorough understanding of the functioning of social insurance and of the problems of social insurance systems.

Course contents

1) Market failures in health insurance:
a) Adverse selection b) Moral hazard c) Other inefficiencies

2) Economic rationales for government intervention and redistribution

3) Insurance design and payment systems

4) Regulatory intervention and the pubblic/private mix in health insurance

5) Comparative social insurance markets

Readings/Bibliography

Titolo: Health Care Financing and Insurance: Options for Design
Autore: Francesco Paolucci [http://www.libreriauniversitaria.it/books-author_paolucci+francesco-francesco_paolucci.htm]
Editore: Springer [http://www.libreriauniversitaria.it/books-publisher_Springer-springer.htm]
Data di Pubblicazione: January 2013
ISBN: 3642265855

Teaching methods

Personal computer and slide projector

Assessment methods

Written exam and class presentations

Office hours

See the website of Francesco Paolucci

87515 - Regulation of Insurance Markets and Social Insurance

Course Unit Page