The grant difference of lifestyle indices which constitute moral hazard
discussed between other ministries who hold health insurance policy and ministry
of Justice who don’t is significant (75). If I have health insurance that takes care of
my bills, then I have less incentives to invest in maintaining my health because
when I get sick the financial consequences will be borne by someone else,
therefore, I am going to eat, smoke more, drink more, exercise less and be merry. I
am going to choose to consume more medical services because the price of
medical care is low. This makes the demand for health price sensitive. The lower
the price, the more the consumption Amy Finkelstein (2015).
In this case, we reject null hypothesis and accept alternate hypothesis- that
there is a significant difference in health care utilization between the treatment
group (other ministries) and the controlled group (ministry of Justice).
With the aforementioned, we can therefore, conclude that there a moral
hazard in the Nigerian health insurance market, evident in the risky lifestyle
behavior of our ramdomised sample drawn from different ministries of Nasarawa
state
Dakwal, P. & Umar a, . (2024). EMPIRICAL INVESTIGATION OF MORAL HAZARD IN NIGERIAN HEALTH INSURANCE SCHEME. Afribary. Retrieved from https://afribary.com/works/empirical-investigation-of-moral-hazard-in-nigerian-health-insurance-scheme
Dakwal, Peter, and umar Umar a "EMPIRICAL INVESTIGATION OF MORAL HAZARD IN NIGERIAN HEALTH INSURANCE SCHEME" Afribary. Afribary, 15 Jun. 2024, https://afribary.com/works/empirical-investigation-of-moral-hazard-in-nigerian-health-insurance-scheme. Accessed 22 Dec. 2024.
Dakwal, Peter, and umar Umar a . "EMPIRICAL INVESTIGATION OF MORAL HAZARD IN NIGERIAN HEALTH INSURANCE SCHEME". Afribary, Afribary, 15 Jun. 2024. Web. 22 Dec. 2024. < https://afribary.com/works/empirical-investigation-of-moral-hazard-in-nigerian-health-insurance-scheme >.
Dakwal, Peter and umar Umar a . "EMPIRICAL INVESTIGATION OF MORAL HAZARD IN NIGERIAN HEALTH INSURANCE SCHEME" Afribary (2024). Accessed December 22, 2024. https://afribary.com/works/empirical-investigation-of-moral-hazard-in-nigerian-health-insurance-scheme