INEFFICIENCY IN HEALTH CARE: MORAL HAZARD IN TERMS OF MANDATORY HEALTH INSURANCE (CASE OF BULGARIA)

Moral hazard generally is being presented as phenomena of private insurance system. There are indicators, which reveal moral hazard also in system of compulsory health insurance. From the side of patients, there is excess demand, especially for hospital treatment. From the side of doctors, exist "supplier induced demand". As a result, excess demand and supply create more health spending and inefficiency in health treatment. The problem has been derived from the practice of Bulgaria. It testifies that moral hazard is also phenomena for the mandatory health insurance system.