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) |
|---|---|
| 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 |
Bibliographical note
Publisher Copyright:© 2022 American Society of Health Economists.
Keywords
- Consumer demand
- Health insurance
