Regulated Medicare Advantage And Marketplace Individual Health Insurance Markets Rely On Insurer Competition.
Two important individual health insurance markets--Medicare Advantage and the Marketplaces--are tightly regulated but rely on competition among insurers to supply and price health insurance products. Many local health insurance markets have little competition, which increases prices to consumers. Fu...
| Published in: | Health Affairs Vol. 36; no. 9; pp. 1578 - 1585 |
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| Main Authors: | , |
| Format: | Journal Article |
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Health Affairs Publishing, LLC
Sep2017
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ccm&AN=125308711&site=ehost-live header: @attributes: shortDbName: ccm uiTerm: 125308711 longDbName: CINAHL Complete uiTag: AN controlInfo: bkinfo: dissinfo: jinfo: jid: 02782715 HAF jtl: Health Affairs issn: 02782715 maglogo: N pubinfo: dt: Sep2017 vid: 36 iid: 9 pid: 1453 pub: Health Affairs Publishing, LLC place: Washington, District of Columbia artinfo: ui: 125308711 10.1377/hlthaff.2017.0613 125308711 ppf: 1578 ppct: 7 formats: tig: atl: Regulated Medicare Advantage And Marketplace Individual Health Insurance Markets Rely On Insurer Competition. aug: au: Frank, Richard G. McGuire, Thomas G. affil: Margaret T. Morris Professor of Health Economics in the Department of Health Care Policy, Harvard Medical School, in Boston, Massachusetts sug: subj: Medicare Health Insurance Exchanges Insurance, Health Economic Competition Insurance Coverage Economic and Social Security Government Regulations Policy Making ab: Two important individual health insurance markets--Medicare Advantage and the Marketplaces--are tightly regulated but rely on competition among insurers to supply and price health insurance products. Many local health insurance markets have little competition, which increases prices to consumers. Furthermore, both markets are highly subsidized in ways that can exacerbate the impact of market power--that is, the ability to set price above cost--on health insurance prices. Policy makers need to foster robust competition in both sectors and avoid designing subsidies that make the market-power problem worse. pubtype: Academic Journal doctype: Journal Article ougenre: Article language: English refInfo: holdings: @attributes: islocal: N |
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