| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26870 |
| 来源ID | Working Paper 26870 |
| Long-Term Health Insurance: Theory Meets Evidence | |
| Juan Pablo Atal; Hanming Fang; Martin Karlsson; Nicolas R. Ziebarth | |
| 发表日期 | 2020-03-23 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | To insure policyholders against contemporaneous health expenditure shocks and future reclassification risk, long-term health insurance constitutes an alternative to community-rated short-term contracts with an individual mandate. In this paper, we study the German long-term health insurance (GLTHI) from a life-cycle perspective. The GLTHI is one of the few real-world long-term health insurance markets. We first present and discuss insurer regulation, premium setting, and the main market principles of the GLTHI. Then, using unique claims panel data from 620 thousand policyholders over 7 years, we propose a new method to classify and model health transitions. Feeding the empirical inputs into our theoretical model, we assess the welfare effects of the GLTHI over policyholders’ lifecycle. We find that GLTHI achieves a high level of welfare against several benchmarks. Finally, we conduct counterfactual policy simulations to illustrate the welfare consequences of integrating GLTHI into a hybrid insurance system similar to the current system in the United States. |
| 主题 | Financial Economics ; Financial Institutions ; Health, Education, and Welfare ; Health |
| URL | https://www.nber.org/papers/w26870 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584543 |
| 推荐引用方式 GB/T 7714 | Juan Pablo Atal,Hanming Fang,Martin Karlsson,et al. Long-Term Health Insurance: Theory Meets Evidence. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26870.pdf（933KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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