TAILIEUCHUNG - Private Health Insurance in Australia A Case Study

The fact that entrepreneurs may insulate workers’ earnings from shocks in the prod- uct market has long been recognised as an important determinant of the dynamics of wages. The rationale for such an insurance ultimately rests on the concept of implicit labour contracts originated by Azariadis (1975), Baily (1974) and Gordon (1974). A central empirical implication is that contract wages may entail implicit payments of insurance premiums by workers in favourable states of nature and the receipt of indemnities in unfavourable states | DELSA ELSA WD HEA 2003 8 OECD OCDE Private Health Insurance in Australia A Case Study Francesca Colombo and Nicole Tapay 8 OECD HEALTH WORKING PAPERS Unclassified DELSA ELSA WD HEA 2003 8 Organisation de Cooperation et de Développement Economiques Organisation for Economic Co-operation and Development DIRECTORATE FOR EMPLOYMENT LABOUR AND SOCIAL AFFAIRS EMPLOYMENT LABOUR AND SOCIAL AFFAIRS COMMITTEE 30-Oct-2003 English - Or. English Unclassified o p w 00 OECD HEALTH WORKING PAPERS NO. 8 PRIVATE HEALTH INSURANCE IN AUSTRALIA A CASE STUDY Francesca Colombo and Nicole Tapay JEL Classification I11 118 119 s s TO JT00152575 Document complet disponible sur OLIS dans son format d origine Complete document available on OLIS in its original format DELSA ELSA WD HEA 2003 8 DIRECTORATE FOR EMPLOYMENT LABOUR AND SOCIAL AFFAIRS OECD HEALTH WORKING PAPERS This series is designed to make available to a wider readership health studies prepared for use within the OECD. Authorship is usually collective but principal writers are named. The papers are generally available only in their original language - English or French - with a summary in the other. Comment on the series is welcome and should be sent to the Directorate for Employment Labour and Social Affairs 2 rue André-Pascal 75775 PARIS CEDEX 16 France. The opinions expressed and arguments employed here are the responsibility of the author s and do not necessarily reflect those of the OECD Applications for permission to reproduce or translate all or part of this material should be made to Head of Publications Service OECD 2 rue André-Pascal 75775 Paris CEDEX 16 France Copyright OECD 2003

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