Post by Sapphire Capital on Sept 18, 2008 4:35:56 GMT 4
The Effect of State Mandates on Health Insurance Premiums
Stephan Gohmann
University of Louisville - Department of Economics
Myra J. Mccrickard
Bellarmine College - W. Fielding Rubel School for Business
August 20, 2008
Abstract:
Health insurance mandates require health insurers to provide coverage for particular health services or illnesses. This paper examines how various state health insurance mandates influence premiums and enrolment in health insurance plans. Contrary to previous studies that compare premiums across states, we examine premiums for the same plans in cities that lie on state borders. By holding both plan and population characteristics constant, we isolate the impact of state mandates on insurance premiums. We estimate that some mandates can increase premiums by up to 16 percent. These higher premiums not only affect enrollment in health plans, but also can affect the decisions of individuals to become self-employed or to change jobs.
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1240767_code709300.pdf?abstractid=1240767&mirid=2
Stephan Gohmann
University of Louisville - Department of Economics
Myra J. Mccrickard
Bellarmine College - W. Fielding Rubel School for Business
August 20, 2008
Abstract:
Health insurance mandates require health insurers to provide coverage for particular health services or illnesses. This paper examines how various state health insurance mandates influence premiums and enrolment in health insurance plans. Contrary to previous studies that compare premiums across states, we examine premiums for the same plans in cities that lie on state borders. By holding both plan and population characteristics constant, we isolate the impact of state mandates on insurance premiums. We estimate that some mandates can increase premiums by up to 16 percent. These higher premiums not only affect enrollment in health plans, but also can affect the decisions of individuals to become self-employed or to change jobs.
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1240767_code709300.pdf?abstractid=1240767&mirid=2