Giving more detailed information about health insurance encourages consumers to choose compromise options.

ABSTRACT:

Introduction

To investigate how the provision of additional information about the health events and procedures covered by a healthcare plan affect the level of coverage chosen by young adults taking their first full time job.

Methods

University students were recruited for a study at two behavioral laboratories (one located at the University of Toronto and the other located at INSEAD-Sorbonne University in Paris) in which they imagine they are making choices about the healthcare coverage associated with the taking a new job in Chicago, Illinois. Every participant made choices in four categories: Physician Care, Clinical Care, Hospital Care, and Dental Care. Participants were randomly assigned to one of two conditions: Low Detail or High Detail coverage information and they ch

SUBMITTER: Chick SE 

PROVIDER: S-EPMC10693418 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature