Found 5 article(s) for author 'healthcare'

Subsidizing Health Insurance for Low-Income Adults: Evidence from Massachusetts and Implications for Future Health Reforms

Subsidizing Health Insurance for Low-Income Adults: Evidence from Massachusetts and Implications for Future Health Reforms. Nathaniel Hendren, Mark Shepard, May 2017, Paper, “How much are low-income individuals willing to pay for health insurance? What are the implications for insurance market reforms that change government subsidies? Using administrative data from Massachusetts’ subsidized insurance exchange in 2009-2013, we exploit discontinuities in the premium subsidy schedule to estimate willingness to pay and costs of insurance among low-income adults. We obtain three main results…Link

Tags: , , , , ,

Measuring Ex-Ante Welfare in Insurance Markets

Measuring Ex-Ante Welfare in Insurance Markets. Nathaniel Hendren, October 2016, Paper, “Insurance has value by insuring against the realization of risk. Adverse selection occurs when a portion of this risk is already known at the time of contracting. This suggests demand estimates in adversely selected markets tend to understate the ex-ante (or ex-post utilitarian) willingness to pay for insurance. This paper provides new reduced-form methods to infer the ex-ante value of insurance from observed demand and cost curve estimates in markets with adverse selection. The slope of the demand and cost curves measure the quantity of information revealed; by combining with internal or external measures of risk aversion, one obtains exante measures of willingness to pay. Applying the model to existing estimates in health and unemployment insurance contexts,” Paper – Link, Slides – Link

Tags: , , , , ,

Retiree Healthcare Plans: The Hidden Threat To Local Governments

Retiree Healthcare Plans: The Hidden Threat To Local Governments. Robert Pozen, March 25, 2015, Video. “Robert C. Pozen is Senior Lecturer at Harvard Business School and Senior Fellow at the Brookings Institution. He was formerly Chairman of MFS Investment Management®, which manages over $200 billion in assets for over five million investors worldwide. This represents an increase of about 75% from the first half of 2004 when Bob was named Chairman. Bob was formerly vice chairman of Fidelity Investments and president of Fidelity Management & Research Company, the investment advisor to the Fidelity..Link

Tags: , , , , ,