Replication data for: Adverse Selection and an Individual Mandate: When Theory Meets Practice
- Hackmann, Martin B.
- Kolstad, Jonathan T.
- Kowalski, Amanda E.
AbstractWe develop a model of selection that incorporates a key element of recent health reforms: an individual mandate. Using data from Massachusetts, we estimate the parameters of the model. In the individual market for health insurance, we find that premiums and average costs decreased significantly in response to the individual mandate. We find an annual welfare gain of 4.1 percent per person or $51.1 million annually in Massachusetts as a result of the reduction in adverse selection. We also find smaller post-reform markups. (JEL D82, G22, H75, I13)
Is supplement to
DOI: 10.1257/aer.20130758 (Text)
Hackmann, Martin B., Jonathan T. Kolstad, and Amanda E. Kowalski. “Adverse Selection and an Individual Mandate: When Theory Meets Practice.” American Economic Review 105, no. 3 (March 2015): 1030–66. https://doi.org/10.1257/aer.20130758.
- ID: 10.1257/aer.20130758 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12