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Market Design in Regulated Health Insurance Markets: Risk Adjustment vs. Subsidies

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NBER2024-06-01 更新2025-01-04 收录
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Health insurance is increasingly provided through managed competition, in which subsidies for consumers and risk adjustment for insurers are key market design instruments. We illustrate theoretically that, in markets with adverse selection, subsidies provide greater flexibility in tailoring premiums

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2024-06-01
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