Hackmann, Martin B.; Kolstad, Jonathan T.; Kowalski, … - Cowles Foundation for Research in Economics, Yale University - 2013
We develop a model of selection that incorporates a key element of recent health reforms: an individual mandate. We … health insurance, we find that premiums and average costs decreased significantly in response to the individual mandate … penalty is higher than the individual mandate penalty adopted in Massachusetts but close to the penalty implemented under the …