How Sensitive are Low Income Families to Health Plan Prices?
Author(s)Gruber, Jonathan; Chan, David Chimin
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As health care reform moves forward in the United States, one common feature of virtually all proposals is to expand coverage for low income populations not through a traditional public insurance model, but rather through a “defined contribution exchange” mechanism. Under this approach, low income individuals would have a choice of a number of options for their insurance coverage. Individuals would receive a subsidy to purchase insurance that was tied to the lowest-cost plan (or some index of low-cost plans) and would pay some part of the difference if they chose a more expensive plan.
DepartmentMassachusetts Institute of Technology. Department of Economics
American Economic Review
American Economic Association
Chan, David, and Jonathan Gruber. 2010. "How Sensitive Are Low Income Families to Health Plan Prices?" American Economic Review, 100(2): 292–96. © 2011 AEA
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