Selection in Health Insurance Markets and Its Policy Remedies

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Date: Fall 2017
From: Journal of Economic Perspectives(Vol. 31, Issue 4)
Publisher: American Economic Association
Document Type: Article
Length: 66 words

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Abstract :

The article discusses how selection (adverse or advantageous) is the central problem that inhibits the smooth, efficient functioning of competitive health insurance markets. Some of the common policy tools used to address the problems it creates are highlighted. Medicare Advantage (the private plan option available under Medicare) and the state-level individual insurance markets are the two markets that seem especially likely to be targets of reform.

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Gale Document Number: GALE|A520800731