Choice Price Competition And Complexity In Markets For Health Insurance PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Choice Price Competition And Complexity In Markets For Health Insurance PDF full book. Access full book title Choice Price Competition And Complexity In Markets For Health Insurance.
Author | : Richard G. Frank |
Publisher | : |
Total Pages | : 44 |
Release | : 2013 |
Genre | : |
ISBN | : |
Download Choice, Price Competition and Complexity in Markets for Health Insurance Book in PDF, ePub and Kindle
The United States and other nations rely on consumer choice and price competition among competing health plans to allocate resources in the health sector. A great deal of research has examined the efficiency consequences of adverse selection in health insurance markets, less attention has been devoted to other aspects of consumer choice. The nation of Switzerland offers a unique opportunity to study price competition in health insurance markets. Switzerland regulates health insurance markets with the aim of minimizing adverse selection and encouraging strong price competition. We examine consumer responses to price differences in local markets and the degree of price variation in local markets. Using both survey data and observations on local markets we obtain evidence suggesting that as the number of choices offered to individuals grow their willingness to switch plans given a set of price dispersion differences declines allowing large price differences for relatively homogeneous products to persist. We consider explanations for this phenomenon from economics and psychology.
Author | : Richard G. Frank |
Publisher | : |
Total Pages | : 44 |
Release | : 2008 |
Genre | : Health insurance |
ISBN | : |
Download Choice, Price Competition and Complexity in Markets for Health Insurance Book in PDF, ePub and Kindle
The United States and other nations rely on consumer choice and price competition among competing health plans to allocate resources in the health sector. A great deal of research has examined the efficiency consequences of adverse selection in health insurance markets, less attention has been devoted to other aspects of consumer choice. The nation of Switzerland offers a unique opportunity to study price competition in health insurance markets. Switzerland regulates health insurance markets with the aim of minimizing adverse selection and encouraging strong price competition. We examine consumer responses to price differences in local markets and the degree of price variation in local markets. Using both survey data and observations on local markets we obtain evidence suggesting that as the number of choices offered to individuals grow their willingness to switch plans given a set of price dispersion differences declines allowing large price differences for relatively homogeneous products to persist. We consider explanations for this phenomenon from economics and psychology.
Author | : David M. Cutler |
Publisher | : |
Total Pages | : 52 |
Release | : 1996 |
Genre | : Health insurance |
ISBN | : |
Download Paying for Health Insurance Book in PDF, ePub and Kindle
This paper uses data on health insurance choices by employees of Harvard University to examine the effect of alternative pricing rules on market equilibrium. In the mid-1990s, Harvard moved from a system of subsidizing more expensive insurance to a system of contributing an equal amount to each plan. We estimate a substantial demand response to the policy change, with a short-run elasticity of about -2. The reform also induced substantial" adverse selection. Because of this selection, the long-run demand response is three times the short-run response. Price variation induced by adverse selection is inefficient; we estimate the magnitude of the welfare loss from adverse selection at 2 percent of baseline health spending. Finally, as insurance choice was made more competitive, premiums to Harvard fell relative to premiums in the Boston area by nearly 10 percent. This savings was large enough to compensate for the inefficiency induced by adverse selection, so that reform overall was welfare enhancing
Author | : Rudy C. Douven |
Publisher | : |
Total Pages | : 56 |
Release | : 2000 |
Genre | : Competition |
ISBN | : |
Download Regulated Competition in Health Insurance Markets Book in PDF, ePub and Kindle
Author | : Jill Mathews Yegain |
Publisher | : Routledge |
Total Pages | : 263 |
Release | : 2019-07-23 |
Genre | : Business & Economics |
ISBN | : 042980024X |
Download Size Matters Book in PDF, ePub and Kindle
First published in 1999, this volume responds to a large and growing interest among health policy and research circles on the use of purchasing alliances to leverage change in health care. This book gives detailed and useful specifics on how a leading alliance has fared in California, the most competitive health care market in the United States. Although it is generally accepted that large organizations are more effective purchasers of health insurance, little work has been done to carefully examine the reasons that underlie that phenomenon. Yet, creating interventions and designing potential solutions requires a thorough understanding of the issues. The econometric analysis adds to the limited literature on the influence of premium on choice behaviour for employees of small firms, and introduces an analysis of choice behaviour in a purchasing cooperative setting. The political section of this book presents a much more detailed historical account and analysis of California’s small group market reforms, the most significant health-related legislation in the state in the prior decade, than has been previously available. The conclusions are becoming particularly relevant, both in California and elsewhere, as the issues of reform of the individual market for health insurance comes to the forefront.
Author | : William Jack |
Publisher | : |
Total Pages | : 46 |
Release | : 1998 |
Genre | : Health insurance |
ISBN | : |
Download Managing Competition in the Health Insurance Market Book in PDF, ePub and Kindle
Author | : D. Andrew Austin |
Publisher | : DIANE Publishing |
Total Pages | : 65 |
Release | : 2010-04 |
Genre | : Business & Economics |
ISBN | : 1437926460 |
Download Market Structure of the Health Insurance Industry Book in PDF, ePub and Kindle
Author | : Paolo Belli |
Publisher | : World Bank Publications |
Total Pages | : 38 |
Release | : 2001 |
Genre | : Adverse selection (Insurance) |
ISBN | : |
Download How Adverse Selection Affects the Health Insurance Market Book in PDF, ePub and Kindle
There may be a price to pay (in terms of inefficient coverage) if competition among health insurers is encouraged as a way to give patients greater choice and to achieve better control over insurance providers.
Author | : Joseph P. Newhouse |
Publisher | : |
Total Pages | : 28 |
Release | : 1977 |
Genre | : Competition |
ISBN | : |
Download The Structure of Health Insurance and the Erosion of Competition in the Medical Marketplace Book in PDF, ePub and Kindle
Author | : United States. Congress. Joint Economic Committee |
Publisher | : |
Total Pages | : 62 |
Release | : 2005 |
Genre | : Adverse selection (Insurance) |
ISBN | : |
Download "Expanding Consumer Choice and Addressing 'adverse Selection' Concerns in Health Insurance" Book in PDF, ePub and Kindle