Ontology highlight
ABSTRACT:
SUBMITTER: Layton TJ
PROVIDER: S-EPMC4785828 | biostudies-literature | 2016
REPOSITORIES: biostudies-literature
Layton Timothy J TJ McGuire Thomas G TG Sinaiko Anna D AD
American journal of health economics 20160101 1
Health Insurance Marketplaces established by the Affordable Care Act implement reinsurance and risk corridors. Reinsurance limits insurer costs associated with specific individuals, while risk corridors protect against aggregate losses. Both tighten the insurer's distribution of expected costs. This paper compares the economic costs and consequences of reinsurance and risk corridors. We simulate the insurer's cost distribution under reinsurance and risk corridors using data for a group of indivi ...[more]