Catalogue

UK Data Service data catalogue record for:

Testing for Asymmetric Information in Private Health Insurance, 1996-2008

Title details

SN: 7052
Title: Testing for Asymmetric Information in Private Health Insurance, 1996-2008
Persistent identifier: 10.5255/UKDA-SN-7052-1
Depositor: Institute for Fiscal Studies
Principal investigator(s): Blundell,R., Institute for Fiscal Studies
Vera-Hernandez, M., Institute for Fiscal Studies
Original data producer(s): University of Essex. Institute for Social and Economic Research
Sponsor(s): Economic and Social Research Council
Grant number: RES-544-28-0001
Other acknowledgements: Pau Olivella, Universitat Autonoma de Barcelona; co-author of the paper that uses the data (see reference in Abstract).

Citation

The citation for this study is:

Blundell,R., Vera-Hernandez, M. (2012). Testing for Asymmetric Information in Private Health Insurance, 1996-2008. [data collection]. University of Essex. Institute for Social and Economic Research, [original data producer(s)]. UK Data Service. SN: 7052, http://doi.org/10.5255/UKDA-SN-7052-1

Select the text above to add data citation in your outputs.

Select citation format: 
XML citation formats:  CSL  EndNote

Subject Categories

Consumer behaviour - Economics
Health services and medical care - Health

Abstract

Abstract copyright UK Data Service and data collection copyright owner.

This project developed a test for asymmetric information in the UK private health insurance (PHI) market. In contrast to earlier research that considered either a purely private system or one where private insurance is complementary to public insurance, PHI is substitutive of the public system in the UK. Using a theoretical model of competition among insurers incorporating this characteristic, the project linked the type of selection (adverse or propitious) with the existence of risk-related information asymmetries. Using the British Household Panel Survey (BHPS) (held at the UK Data Archive under SN 5151), evidence was found that adverse selection is present in the PHI market, which led to the conclusion that such information asymmetries exist.

Further information may be found in the journal article that uses these data:
Olivella, P. and Vera-Hernandez, M. (2012) 'Testing for asymmetric information in private health insurance', Economic Journal, retrieved September 3, 2012 from http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0297.2012.02520.x/full (may require subscription).

Main Topics:
The file includes a subset of data from Waves 6-18 of the BHPS (residents in England, Wales, and Scotland only), covering male employees aged 23-59. See documentation for further details.

Coverage, universe, methodology

Time period: 1996 - 2008
Country: Great Britain
Spatial units: Countries
Government Office Regions
Observation units: Individuals
Kind of data: Numeric data
Individual (micro) level
Universe: National
Selected respondents to the BHPS: male employees aged 23-59 living in either England, Scotland, or Wales (Great Britain) in the period 1996-2008.
Time dimensions: Longitudinal/panel/cohort
data were taken from BHPS Waves 6-18.
Sampling procedures: Multi-stage stratified random sample
Number of units: 175,368 cases
Method of data collection: Compilation or synthesis of existing material
The BHPS data were originally gathered by face-to-face interview.
Weighting: Refer to BHPS for weighting information.
Data sources: Data were taken from BHPS Waves 6-18, 1996-2008.

Thesaurus search on keywords

Administrative and access information

Date of release:
First edition: 03 September 2012
Copyright: Copyright Institute for Fiscal Studies; original British Household Panel Survey data remains copyright of the Institute for Social and Economic Research.
Access conditions: The depositor has specified that registration is required and standard conditions of use apply. The depositor may be informed about usage. See terms and conditions of access for further information.
Availability: UK Data Service
Contact: Get in touch

Documentation

Title File Name Size (KB)
Supporting documentation 7052_supporting_documentation.pdf 591
Study information and citation UKDA_Study_7052_Information.htm 18
READ File read7052.htm 10

Publications

View publications... Hide publications...

By principal investigator(s):
Olivella, P. and Vera-Hernandez, M. (2012) 'Testing for asymmetric information in private health insurance', Economic Journal, retrieved September 3, 2012 from http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0297.2012.02520.x/full (may require subscription).

Resulting from secondary analysis:

Syntax/Code

No previously uploaded files

  (login required)

Upload syntax/code file


7052
Testing for Asymmetric Information in Private Health Insurance, 1996-2008

I agree to the terms and conditions *

Confirm new syntax/code file version


A previous version of syntax file "" has already been uploaded and approved.

If you continue with this upload, the previous version of the syntax file will be overwritten with this new version.

This new version of the syntax file will be subject to the UK Data Service approval process before it becomes available for download.

Do you want to continue?

    


Back to top