Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Choice Price Competition And Complexity In Markets For Health Insurance
Download Choice Price Competition And Complexity In Markets For Health Insurance full books in PDF, epub, and Kindle. Read online Choice Price Competition And Complexity In Markets For Health Insurance ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Choice, Price Competition and Complexity in Markets for Health Insurance by : Richard G. Frank
Download or read book Choice, Price Competition and Complexity in Markets for Health Insurance written by Richard G. Frank and published by . This book was released on 2013 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Choice, Price Competition and Complexity in Markets for Health Insurance by : Richard G. Frank
Download or read book Choice, Price Competition and Complexity in Markets for Health Insurance written by Richard G. Frank and published by . This book was released on 2008 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Paying for Health Insurance by : David M. Cutler
Download or read book Paying for Health Insurance written by David M. Cutler and published by . This book was released on 1996 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Book Synopsis Regulated Competition in Health Insurance Markets by : Rudy C. Douven
Download or read book Regulated Competition in Health Insurance Markets written by Rudy C. Douven and published by . This book was released on 2000 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Size Matters by : Jill Mathews Yegain
Download or read book Size Matters written by Jill Mathews Yegain and published by Routledge. This book was released on 2019-07-23 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Managing Competition in the Health Insurance Market by : William Jack
Download or read book Managing Competition in the Health Insurance Market written by William Jack and published by . This book was released on 1998 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How Adverse Selection Affects the Health Insurance Market by : Paolo Belli
Download or read book How Adverse Selection Affects the Health Insurance Market written by Paolo Belli and published by World Bank Publications. This book was released on 2001 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Market Structure of the Health Insurance Industry by : D. Andrew Austin
Download or read book Market Structure of the Health Insurance Industry written by D. Andrew Austin and published by DIANE Publishing. This book was released on 2010-04 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Competition in Health Insurance by : American Medical Association
Download or read book Competition in Health Insurance written by American Medical Association and published by . This book was released on 2013 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Risk Adjustment, Risk Sharing and Premium Regulation in Health Insurance Markets by : Thomas G. McGuire
Download or read book Risk Adjustment, Risk Sharing and Premium Regulation in Health Insurance Markets written by Thomas G. McGuire and published by Academic Press. This book was released on 2018-08-06 with total page 659 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk Adjustment, Risk Sharing and Premium Regulation in Health Insurance Markets: Theory and Practice describes the goals, design and evaluation of health plan payment systems. Part I contains 5 chapters discussing the role of health plan payment in regulated health insurance markets, key aspects of payment design (i.e. risk adjustment, risk sharing and premium regulation), and evaluation methods using administrative data on medical spending. Part II contains 14 chapters describing the health plan payment system in 14 countries and sectors around the world, including Australia, Belgium, Chile, China, Columbia, Germany, Ireland, Israel, the Netherlands, Russia, Switzerland and the United States. Authors discuss the evolution of these payment schemes, along with ongoing reforms and key lessons on the design of health plan payment. - Provides a conceptual toolkit that describes the goals, design and evaluation of health plan payment systems in the context of policy paradigms, such as efficiency, affordability, fairness and avoidance of risk selection - Brings together international experience from many different countries that apply regulated competition in different ways - Delivers a practical toolkit for the evaluation of health plan payment modalities from the standpoint of efficiency and fairness
Book Synopsis The Structure of Health Insurance and the Erosion of Competition in the Medical Marketplace by : Joseph P. Newhouse
Download or read book The Structure of Health Insurance and the Erosion of Competition in the Medical Marketplace written by Joseph P. Newhouse and published by . This book was released on 1977 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis "Expanding Consumer Choice and Addressing 'adverse Selection' Concerns in Health Insurance" by : United States. Congress. Joint Economic Committee
Download or read book "Expanding Consumer Choice and Addressing 'adverse Selection' Concerns in Health Insurance" written by United States. Congress. Joint Economic Committee and published by . This book was released on 2005 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Premium Levels and Demand Response in Health Insurance by : Rudy C. Douven
Download or read book Premium Levels and Demand Response in Health Insurance written by Rudy C. Douven and published by . This book was released on 2017 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: In health care systems with a competitive health insurance market, governments or other sponsors (e.g. employers) often subsidize premiums to encourage enrolment. These subsidies are typically independent of plan choice leaving the absolute premium differences in place so as not to distort consumer choice of plan. Such subsidies do, however, change the relative premium differences across plans, which, according to theories from behavioral economics, can affect choice. Consumers might be sensitive to differences relative to a reference premium ("relative thinking"). Furthermore, consumers might be particularly sensitive to a reference premium of zero ("zero-price effect"), a relevant range for some subsidized health insurance markets. This paper tests these ideas with two sources of evidence. We argue that observed equilibria in Germany and the U.S. Medicare Advantage markets are consistent with a powerful zero-price effects, resulting in an equilibrium focal pricing at zero. This contrasts with the Netherlands where equilibrium premiums are well above zero. In an empirical test using hypothetical questions in a web-based survey in these three countries, we also find evidence for both a relative thinking and a zero-price effect in the demand for health insurance. Our findings imply that well-designed subsidies can leverage relative thinking to increase demand elasticity for health plans. Creation of a powerful reference price (e.g., at zero), however, risks subverting price competition.
Book Synopsis Competition and Selection in Health Insurance Markets by : Daria Pelech
Download or read book Competition and Selection in Health Insurance Markets written by Daria Pelech and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition in US health insurance markets is low and has declined in recent years. Insufficient competition is often assumed to increase plan premiums or decrease benefit quality, but the latter has been difficult to establish empirically. Moreover, why health insurance competition is so low is poorly understood. As recent health insurance expansions rely on private insurers to provide coverage, understanding why health insurance competition is low and how this affects consumers is important for policy.
Book Synopsis State Health Insurance Market Reform by : Joel C. Cantor
Download or read book State Health Insurance Market Reform written by Joel C. Cantor and published by Routledge. This book was released on 2012-09-25 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, leading American health economists provide a critical assessment of the current state of knowledge of insurance market reform that is accessible to both policy-makers and researchers.
Book Synopsis Health Insurance Industry Market Structure by : Brent C. Jenner
Download or read book Health Insurance Industry Market Structure written by Brent C. Jenner and published by Nova Science Publishers. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses how the current health insurance market structure affects the two policy goals of expanding health insurance coverage and containing health care costs. Concerns about concentration in health insurance markets are linked to wider concerns about the cost, quality, and availability of health care. The market structure of the health insurance and hospital industries may have contributed to rising health care costs and deteriorating access to affordable health insurance and health care. Many features of the health insurance market and the ways it links to other parts of the health care system can hinder competition, lead to concentrated markets, and produce inefficient outcomes.
Book Synopsis Selling Health Insurance Across State Lines by : Sabrina Corlette
Download or read book Selling Health Insurance Across State Lines written by Sabrina Corlette and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proposals to authorize the sale of private health insurance “across state lines” are often promoted to address the challenges of high health insurance costs and a lack of choice among insurers and have been a core component of alternative health reform proposals since the mid-2000s. Critics, however, argue that across state lines proposals would lead to deregulation and a “race to the bottom” where health insurers relocate to the states with the least burdensome regulations. Despite the often forceful arguments for and against across state lines proposals, there has been little opportunity to assess how they work in practice. To understand the impact of across state lines proposals on the availability of health insurance and the competitiveness of state health insurance markets, we analyzed legislation that has been enacted in six states -- Georgia, Kentucky, Maine, Rhode Island, Washington and Wyoming -- to require, encourage or study the feasibility of allowing the sale of health insurance across state lines or the formation of interstate health insurance compacts. To gain a more in-depth understanding of the laws' impact, we also reviewed related materials such as regulations, studies and reports and conducted interviews with government officials and insurers. We find that while across state lines proposals cite many important goals -- such as enhancing consumer choice, increasing competition and making insurance more affordable -- the across state lines proposals as currently enacted in six states do not address the true drivers of health insurance costs nor do they adequately take into account the complexity of how insurance products are sold and regulated. The proposals also underestimate the administrative hurdles necessary for full implementation. As a result, none of the across state lines laws resulted in a single insurer entering a new market or the sale of a single new insurance product.
