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-effective LTC. Providing insurers with appropriate incentives for efficiency without jeopardizing access for high-risk individuals … requires, among other things, an adequate system of risk adjustment. While risk adjustment is now widely adopted in health … insurance, it is unclear whether adequate risk adjustment is feasible for LTC because of its specific features. We examine the …
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The coronavirus has produced a public health debacle of the first-order. But the virus is also propagating the kind of exogenous shock that can precipitate – and to a considerable degree is already precipitating – a systemic event for our financial system. This currently unfolding systemic...
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