TITLE
"The Theory of Demand for Health Insurance: A Review Essay," Journal of Insurance Issues, Joseph G. Eisenhauer, Spring 2006, Vol. 29, No. 1, pp. 71-87. Full-text articles soon will be available through ABI/INFORM and EBSCO; click here for article PDF. 

ABSTRACT
This paper critically evaluates a recently introduced theory of the demand for health insurance. The new model makes a valuable contribution to the theoretical literature on moral hazard and the debate over national health insurance, but as a general explanation of the demand for health insurance it fails to provide a robust alternative to conventional theory.

Key words: Moral hazard, medical care, risk aversion