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Diabetes Treatments and Moral Hazard

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Author Info
Jonathan Klick
Thomas Stratmann

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Abstract

In the face of rising rates of diabetes, many states have passed laws requiring health insurance plans to cover medical treatments for the disease. Although supporters of the mandates expect them to improve the health of diabetics, the mandates have the potential to generate a moral hazard to the extent that medical treatments might displace individual behavioral improvements. Another possibility is that the mandates do little to improve insurance coverage for most individuals, as previous research on benefit mandates has suggested that mandates often duplicate what plans already cover. To examine the effects of these mandates, we employ a triple-differences methodology comparing the change in the gap in body mass index (BMI) between diabetics and nondiabetics in mandate and nonmandate states. We find that mandates do generate a moral hazard problem, with diabetics exhibiting higher BMIs after the adoption of these mandates.

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File URL: http://www.journals.uchicago.edu/cgi-bin/resolve?id=doi:10.1086/519813
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Publisher Info
Article provided by University of Chicago Press in its journal The Journal of Law and Economics.

Volume (Year): 50 (2007)
Issue (Month): ()
Pages: 519-538
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Handle: RePEc:ucp:jlawec:v:50:y:2007:p:519-538

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  1. Dhaval Dave & Robert Kaestner, 2006. "Health Insurance and Ex Ante Moral Hazard: Evidence from Medicare," NBER Working Papers 12764, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  2. Thomas Stratmann, 2007. "Mandatory and affordable health insurance: commentary," Regional Economic Development, Federal Reserve Bank of St. Louis, issue Oct, pages 29-31. [Downloadable!]
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This page was last updated on 2009-12-12.


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