Abstract
We use a novel data set from a private online marketplace to estimate the demand for individual health insurance among a set comprising many high-income households across 18 states. Households earning more than four times the federal poverty level (FPL) are willing to pay $30 to $135 per month to increase the actuarial value of their insurance by 10 percentage points, much less than households earning less than 2.5 times FPL. Higher-income households are also less likely to forgo insurance because of a premium increase. These results are important for understanding the effect of health reform proposals targeting higher-income populations.
Original language | English (US) |
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Pages (from-to) | 275-299 |
Number of pages | 25 |
Journal | American Journal of Health Economics |
Volume | 8 |
Issue number | 2 |
DOIs | |
State | Published - Mar 1 2022 |
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance (miscellaneous)
- Health Policy
- Public Health, Environmental and Occupational Health