What are consumers willing to pay for a broad network health plan?: Evidence from covered California.
Health Insurance Marketplaces have received considerable attention for their narrow network health plans. Yet, little is known about consumer tastes for network breadth and how they affect plan selection. I estimate demand for health plans in California's Marketplace, Covered California. Using 2017...
| Publicado en: | Journal of Health Economics Vol. 65; pp. 63 - 78 |
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| Autor principal: | |
| Formato: | research Journal Article |
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Elsevier B.V.
May2019
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ccm&AN=137825952&site=ehost-live header: @attributes: shortDbName: ccm uiTerm: 137825952 longDbName: CINAHL Complete uiTag: AN controlInfo: bkinfo: dissinfo: jinfo: jid: 01676296 JOH jtl: Journal of Health Economics issn: 01676296 maglogo: N pubinfo: dt: May2019 vid: 65 pid: 1004 pub: Elsevier B.V. artinfo: ui: 137825952 137825952 NLM30981153 137825952 10.1016/j.jhealeco.2018.12.003 NLM30981153 137825952 ppf: 63 ppct: 15 formats: tig: atl: What are consumers willing to pay for a broad network health plan?: Evidence from covered California. aug: au: Drake, Coleman affil: Department of Health Policy and Management, Graduate School of Public Health, University of Pittsburgh, A664 Public Health, 130 DeSoto Street, 15261, Pittsburgh, PA, United States sug: subj: Insurance, Health Economics Economics Statistics and Numerical Data Consumer Satisfaction Economics Insurance Economics Insurance, Health Statistics and Numerical Data Adolescence Young Adult Consumer Satisfaction Statistics and Numerical Data Health Insurance Exchanges Statistics and Numerical Data Family Characteristics Adult California Middle Age Insurance Statistics and Numerical Data Health Insurance Exchanges Economics Human Economics Economics Patient Protection and Affordable Care Act Validation Studies Comparative Studies Evaluation Research Multicenter Studies Clinical Assessment Tools Adolescent: 13-18 years Adult: 19-44 years Middle Aged: 45-64 years ab: Health Insurance Marketplaces have received considerable attention for their narrow network health plans. Yet, little is known about consumer tastes for network breadth and how they affect plan selection. I estimate demand for health plans in California's Marketplace, Covered California. Using 2017 individual enrollment data and provider network directories, I develop a geospatial measure of network breadth that reflects the physical locations of households and network providers. I find that households are sensitive to network breath in their plan choices. Mean willingness to pay for a broad network plan relative to a narrow network plan, defined as a two standard deviation, 17.44 percentage point increase in network breadth, is $45.83 in post-subsidy monthly premiums. Variation in WTP indicates a selection mechanism exists whereby older households sort into broader network plans. I also find that households are highly premium sensitive, which may be a result of plan standardization in Covered California. pubtype: Academic Journal doctype: research Journal Article ougenre: Article language: English refInfo: holdings: @attributes: islocal: N |
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