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Dave Dillon, FSA, MAAA interviews Randy Herman, FSA, MAAA about the November 2016 Health Watch article “Review: Do Individuals Make Sensible Health Insurance Decisions? Evidence From a Menu With Dominated Options” that he co-authored. They discuss the sub-optimal health insurance choice decisions made by employees, methods to improve decision quality and how concepts from behavioral finance theory might help explain the results.
By Society of Actuaries (SOA)4.6
3131 ratings
Dave Dillon, FSA, MAAA interviews Randy Herman, FSA, MAAA about the November 2016 Health Watch article “Review: Do Individuals Make Sensible Health Insurance Decisions? Evidence From a Menu With Dominated Options” that he co-authored. They discuss the sub-optimal health insurance choice decisions made by employees, methods to improve decision quality and how concepts from behavioral finance theory might help explain the results.

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