lH-ls space Point C represents a partial insurance contract Horizontal shift=premium(r) Vertical shift payout if sick(q-r) U Is q-r E SE SE Sc →H Hc HE pnattacnarya,myue and iu-meaitnEconomicsBhattacharya, Hyde and Tu – Health Economics IH -IS space  Point C represents a partial insurance contract  Horizontal shift = premium (r)  Vertical shift = payout if sick (q-r)