Adjusting For Risk Selection In State Health Insurance Exchanges Will Be Critically Important And Feasible, But Not Easy.

The Affordable Care Act calls for the establishment of state-level health insurance exchanges. The viability and success of these exchanges will require effective risk-adjustment strategies to compensate for differences in enrollees' health status across health plans. This article describes why the...

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Publicado en:Health Affairs Vol. 31; no. 2; pp. 306 - 316
Autores principales: Weiner, Jonathan P., Trish, Erin, Abrams, Chad, Lemke, Klaus
Formato: Journal Article
Publicado: Health Affairs Publishing, LLC Feb2012
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Adjusting For Risk Selection In State Health Insurance Exchanges Will Be Critically Important And Feasible, But Not Easy.
      aug:
        au:
          Weiner, Jonathan P.
          Trish, Erin
          Abrams, Chad
          Lemke, Klaus
        affil: professor of health policy and management, Johns Hopkins Bloomberg School of Public Health, in Baltimore, Maryland.
      sug:
        subj:
          Risk Management Methods
          State Government
          Managed Competition Methods
          Insurance, Health
          Human
          Selection Bias
          Age Factors
          Health Status
          Patient Protection and Affordable Care Act
          Government Regulations
          Computer Simulation
          Fees and Charges Standards
          Reimbursement, Incentive
          Health Services Accessibility
          Decision Making, Organizational
          Administrative Research
          Databases, Health Utilization
          United States
          Cluster Analysis
          Models, Statistical Utilization
          Predictive Validity
          Diagnosis-Related Groups
          Uncertainty
      ab: The Affordable Care Act calls for the establishment of state-level health insurance exchanges. The viability and success of these exchanges will require effective risk-adjustment strategies to compensate for differences in enrollees' health status across health plans. This article describes why the Affordable Care Act could lead to favorable or adverse risk selection across plans. It reviews provisions in the act and recent proposed regulations intended to mitigate the problem of risk selection. We performed a simulation that showed that under the premium rating restrictions in the law, large incentives for insurers to attract healthier enrollees will be likely to persist--resulting in substantial overpayment to plans with very healthy enrollees and underpayment to plans with very sick members. We conclude that risk adjustment based on patients' diagnoses, such as will be in place from 2014 on, will yield payments to insurers that will be more accurate than what will come solely from the age-adjusted and other rating allowed by the act. We also describe additional challenges of implementing risk adjustment.
      pubtype: Academic Journal
      doctype: Journal Article
      ougenre: Article
    language: English
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