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来源类型Working Paper
规范类型报告
DOI10.3386/w23597
来源IDWorking Paper 23597
Demand for Health Insurance Marketplace Plans Was Highly Elastic in 2014-2015
Jean Abraham; Coleman Drake; Daniel W. Sacks; Kosali I. Simon
发表日期2017-07-24
出版年2017
语种英语
摘要A major provision of the Affordable Care Act was the creation of Health Insurance Marketplaces, which began operating for the 2014 plan year. Although enrollment initially grew in these markets, enrollment has fallen recently amid insurer exits and rising premiums. To better understand these markets, we estimate premium elasticity of demand for Marketplace plans, using within-plan premium changes from 2014 to 2015, accounting for state-specific trends and simultaneous changes in generosity. Our preferred estimate implies that a one percent premium increase reduces plan-specific enrollment by 1.7 percent. We argue that this high elasticity reflects the rapid growth and high churn in this market, as well as the high degree of standardization and the availability of many close substitutes.
主题Health, Education, and Welfare ; Health
URLhttps://www.nber.org/papers/w23597
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581271
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Jean Abraham,Coleman Drake,Daniel W. Sacks,et al. Demand for Health Insurance Marketplace Plans Was Highly Elastic in 2014-2015. 2017.
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