| 000 -LEADER |
|---|
| fixed length control field |
01234nam a22001457a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
201126b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Jaffe, Sonia. and Shepard, Mark. |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Price-linked subsidies and imperfect competition in health insurance |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
|---|
| Place of publication, distribution, etc |
American Economic Journal Economic Policy |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
12(3), Aug, 2020: p.279-311 |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc |
Policymakers subsidizing health insurance often face uncertainty about future market prices. We study the implications of one policy response: linking subsidies to prices to target a given postsubsidy premium. We show that these price-linked subsidies weaken competition, raising prices for the government and/or consumers. However, price-linking also ties subsidies to health care cost shocks, which may be desirable. Evaluating this tradeoff empirically, using a model estimated with Massachusetts insurance exchange data, we find that price-linking increases prices 1–6 percent, and much more in less competitive markets. For cost uncertainty reasonable in a mature market, these losses outweigh the benefits of price-linking. – Reproduced
|
| 773 ## - HOST ITEM ENTRY |
|---|
| Main entry heading |
American Economic Journal Economic Policy |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
|---|
| Subject DIP |
HEALTH INSURANCE |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Item type |
Articles |
