Health Insurance
Module 1 covers health insurance markets. We begin with demand for health insurance and the welfare consequences of coverage, establishing how risk, prices, and moral hazard shape utilization and consumer welfare. We then study adverse selection as a central friction in insurance markets, before turning to insurer competition and market structure. The module concludes with public insurance design, emphasizing how government programs interact with private markets and how policy design affects incentives, enrollment, and efficiency. The topic of “health insurance” is extremely broad, but nonetheless, here’s a long list of papers that I think are particularly relevant in this area.