Risk sharing as a supplement to imperfect capitation: a tradeoff between selection and efficiency
| Autor: | Leida M. Lamers, René C.J.A. van Vliet, Wynand P.M.M. van de Ven, Erik M. van Barneveld |
|---|---|
| Přispěvatelé: | Erasmus School of Health Policy & Management |
| Rok vydání: | 2001 |
| Předmět: |
Cost Control
Insurance Selection Bias Yield (finance) media_common.quotation_subject Efficiency Organizational Microeconomics Risk equalization Economics Humans health care economics and organizations Selection (genetic algorithm) Demography Netherlands media_common Capitation Actuarial science Health Policy Managed Competition Public Health Environmental and Occupational Health Payment Risk Sharing Financial Incentive Capitation fee Risk Adjustment Capitation Fee Models Econometric |
| Zdroj: | Journal of Health Economics, 20, 147-168. Elsevier |
| ISSN: | 0167-6296 |
| Popis: | This paper describes forms of risk sharing between insurers and the regulator in a competitive individual health insurance market with imperfectly risk-adjusted capitation payments. Risk sharing implies a reduction of an insurer's incentives for selection as well as for efficiency. In a theoretical analysis, we show how the optimal extent of risk sharing may depend on the weights the regulator assigns to these effects. Some countries employ outlier or proportional risk sharing as a supplement to demographic capitation payments. Our empirical results strongly suggest that other forms of risk sharing yield better tradeoffs between selection and efficiency. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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