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Abstract

Selecting ideal health insurance coverage entails a trade-off between the gain from risk reduction and the deadweight loss from moral hazard (Manning and Marquis, 1996). This paper investigates students’ willingness to pay for student health insurance which will serve as a primary plan. Variables such as demographics, student insurance enrollment and coverage, student insurance utilization and satisfaction were used to assess students’ Willingness to pay for student insurance as a primary plan. Both qualitative and quantitative statistics were used to explain the willingness of students to pay for student insurance as a primary plan.

Publication Date

Spring 2018

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.

Disciplines

Behavioral Economics | Economics

Willingness to Pay Student Insurance as a Primary Plan Among Eastern Illinois University Students

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