Messaging and the Mandate: The Impact of Consumer Experience on Health Insurance Enrollment Through Exchanges.

The ability of web-based retailers to learn about and provide targeted consumer experiences is touted as an important distinction from traditional retailers. In principal, web-based insurance exchanges could benefit from these advantages. Using data from a large-scale experiment by a private sector...

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Publicado en:American Economic Review Vol. 105; no. 5; pp. 105 - 110
Autores principales: Cox, Natalie, Handel, Benjamin, Kolstad, Jonathan, Mahoney, Neale
Formato: Artículo
Publicado: American Economic Association May2015
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      pub: American Economic Association
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        atl: Messaging and the Mandate: The Impact of Consumer Experience on Health Insurance Enrollment Through Exchanges.
      aug:
        au:
          Cox, Natalie
          Handel, Benjamin
          Kolstad, Jonathan
          Mahoney, Neale
        affil:
          Economics Department, University of California-Berkeley, 530 Evans Hall, Berkeley, CA 94720 (e-mail: )
          Economics Department, University of California-Berkeley, 501 Evans Hall, Berkeley, CA 94730 and NBER (e-mail: )
          Wharton School, University of Pennsylvania, 3641 Locus Walk, Philadelphia, PA 19104 and NBER (e-mail: )
          Booth School of Business, University of Chicago, 5807 South Woodlawn Avenue Chicago, IL 60637 and NBER (e-mail: )
      su:
        Marketing research
        Health insurance
        Target marketing
        Marketing
        Health insurance websites
        Mathematical models
        Health insurance exchanges
        Behavioral targeting (Internet advertising)
        Patient Protection & Affordable Care Act
      sug:
        subj:
          Marketing research
          Health insurance
          Target marketing
          Marketing
          Direct group life, health and medical insurance carriers
          Direct individual life, health and medical insurance carriers
          Marketing Consulting Services
          Marketing Research and Public Opinion Polling
          Health insurance websites
          Mathematical models
          Health insurance exchanges
          Behavioral targeting (Internet advertising)
          Patient Protection & Affordable Care Act
      ab: The ability of web-based retailers to learn about and provide targeted consumer experiences is touted as an important distinction from traditional retailers. In principal, web-based insurance exchanges could benefit from these advantages. Using data from a large-scale experiment by a private sector health insurance exchange we estimate the returns to experimentation and targeted messaging. We find significant improvements in conversions in one treatment tested. Underlying the average impact were both intertemporal and demographic heterogeneity. We estimate that learning and targeted messaging could increase insurance applications by approximately 13 percent of the baseline conversion rate.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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