minimum coverage standard combined with an insurance mandate cannot restore efficiency. The optimal system depends on both the …A feature of many insurance markets is that they combine vertical differentiation (all consumers prefer high to low … US (Frean et al. (2017)). Moreover, it provides a complete characterization of the health insurance "death spiral". The …

First-year insurer participation in the Health Insurance Marketplaces (HIMs) established by the Affordable Care Act is … insurance market), we study the impact of competition on premiums. We exploit variation in ratings-area-level competition … participated. If all insurers active in each state's individual insurance market in 2011 had participated in all ratings areas in …

' performance, by state and by line, in eight different lines of insurance. Stock companies are more likely than mutuals to reduce …One unusual feature of the U.S. property-casualty insurance industry is the coexistence of stock and mutual companies …. This paper explores the performance of these forms in the industry through a dynamic assessment of how mutual and stock …

Care Act (ACA)'s Health Insurance Marketplaces. The RC program, which was defunded ahead of coverage year 2016, and ended … defunding, had greater premium increases in 2017, after the program ended. Insurance markets in which more insurers made RC …

In the United States, households obtain health insurance through distinct market segments. We explore the economics of …