BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//CREST - ECPv5.1.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:CREST
X-ORIGINAL-URL:https://crest.science
X-WR-CALDESC:Events for CREST
BEGIN:VTIMEZONE
TZID:Europe/Helsinki
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20230326T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20231029T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Helsinki:20230130T121500
DTEND;TZID=Europe/Helsinki:20230130T133000
DTSTAMP:20260711T095009
CREATED:20230106T061541Z
LAST-MODIFIED:20241104T135412Z
UID:14523-1675080900-1675085400@crest.science
SUMMARY:Sebastian Fleitas (University of Leuven) "Reclassification Risk in the Small Group Health Insurance Market"
DESCRIPTION:The Micro Seminar:\nTime: 12:15 pm – 13:30 pm\nDate: 30th of January 2023 \nRoom 3001 \nSebastian Fleitas (University of Leuven) “Reclassification Risk in the Small Group Health Insurance Market” \nAbstract : “We evaluate reclassification risk in the small group health insurance market from a period before ACA community rating regulations. Reclassification risk in this setting is of key policy relevance and also a matter of debate. We use detailed claims and premiums data from a large insurance company and control non-parametrically for selection. We find a pass through of 16% from changes in health risk to changes in premiums\, with a stronger equilibrium relationship between premiums and risk. This pattern is consistent with the insurer implicitly offering “guaranteed renewability” contracts with one-sided pricing commitment. We further find that groups whose health risk decreases have premiums that are more responsive to risk\, which the guar- anteed renewability model attributes to ex post renegotiation. The observed pricing policy adds 60% of the consumer welfare gain from community rating relative to experience rating. The welfare gains are limited because employers and employees switch coverage frequently. ” \n  \nSponsors:\nCREST \n
URL:https://crest.science/event/sebastian-fleitas-university-of-leuven-reclassification-risk-in-the-small-group-health-insurance-market/
CATEGORIES:Applied Seminar,Economics,Seminars
ATTACH;FMTTYPE=:
END:VEVENT
END:VCALENDAR