Economics of Health Insurance


The course covers the economics of health care taking a microeconomic perspective. The course focusses on the market for health insurance and its imperfections that originate from the specific characteristics of health as a commodity and result in market failure and hence undesirable market outcomes such as adverse selection, moral hazard, and risk selection. Based on the theoretical analysis implications for the question of how to design a health (insurance) system are derived.

Target Group

This course is part of the Spezialisation Area Health Economicsof the MSE. Students in the Master programs Arbeitsmarkt&Personal, Sozialökonomik and Management can take the course as an elective module or take the equivalent course in German in the winter term Gesundheitsökonomie I


The course is taught every summer term. For summer term 2021 the course will be held in an online format with videos of the lecture and exercise classes as well as additional Zoom meetings to discuss the topics. The dates of the zoom meetings are:

  • Lecture (Prof. Dr. Harald Tauchmann): Monday 9:45 - 11:15;
  • Exercise Class (Franz Josef Zorzi): Thursday 9:45-11:15; Exercise classes take place on April 29th, May 20th, June 10th & 24th, July 1st, 8th & 15th.


Syllabus Exercise Class