Economy / Finance

Risk adjustment cannot solve all selection issues—network contracting edition

From The Incidental Economist
May 15, 2017 - 10:21am
In our Hamilton Project paper, Nicholas Bagley, Amitabh Chandra, and I explain why a health insurance market in which plans compete on cost effectiveness won’t work. (Click through, download the PDF, and read Box 2 on page 9, titled “Why Health Plans Cannot Differentiate on Coverage.”) The recent NBER paper by Mark Shepard makes the […]

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