Concept information
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health and social care
health care quality, access, and evaluation
health services research
health insurance
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organization studies
organization studies encyc
approaches to organization theory
organizational economics
Preferred term
moral hazard
Definition
- Moral hazard arises in implicit and contractual relationships in which one party behaves differently because of the relationship, and these actions improve one party's utility but have a negative consequence for the other party. In healthcare, moral hazard is most commonly associated with insurance, where the purchase of health insurance induces an increase in the likelihood of a loss covered by the insurance policy, the size of the loss, or both the likelihood and size of the loss. [Source: Encyclopedia of Health Services Research; Moral Hazard]
Broader concept
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-TMPV1ZQH-R
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