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Risk Adjustment of Health Plan Payments to Correct Inefficient Plan Choice from Adverse Selection

Jacob Glazer, Thomas G. McGuire, and Julie Shi

in Measuring and Modeling Health Care Costs

Published in print:
2018
Published Online:
January 2019
ISBN:
9780226530857
eISBN:
9780226530994
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226530994.003.0013
Subject:
Economics and Finance, Econometrics

This paper develops and implements a statistical methodology to account for the equilibrium effects (aka adverse selection) in design of risk adjustment formula in health insurance markets. Our ... More


What Health Care Teaches Us about Measuring Productivity in Higher Education

Douglas Staiger

in Productivity in Higher Education

Published in print:
2019
Published Online:
September 2020
ISBN:
9780226574585
eISBN:
9780226574615
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226574615.003.0002
Subject:
Economics and Finance, Public and Welfare

Any study that attempts to measure productivity in higher education faces numerous challenges. Knowing these challenges and laden with institutional knowledge, higher education experts may be tempted ... More


Risk Sharing Alternatives for Pension Plan Design: An Overview and Case Studies

Anna M. Rappaport and Andrew Peterson

in Reimagining Pensions: The Next 40 Years

Published in print:
2016
Published Online:
March 2016
ISBN:
9780198755449
eISBN:
9780191816673
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198755449.003.0006
Subject:
Business and Management, Pensions and Pension Management

Pension plan designs range from those that place virtually all of the risk on the plan (and plan sponsor) to those that place all of the risk on the individual covered by the plan. Traditional ... More


Market Valuation of Accrued Social Security Benefits

John Geanakoplos and Stephen P. Zeldes

in Measuring and Managing Federal Financial Risk

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226496580
eISBN:
9780226496597
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226496597.003.0009
Subject:
Economics and Finance, Econometrics

This chapter applies the principles of market valuation to Social Security obligations. The calculations are relevant, for instance, to assessing the size of unfunded federal liabilities. The chapter ... More


Challenges in Controlling Medicare Spending: Treating Highly Complex Patients

Thomas MaCurdy, Jay Bhattacharya, and Hidehiko Ichimura

in Insights in the Economics of Aging

Published in print:
2017
Published Online:
September 2017
ISBN:
9780226426679
eISBN:
9780226426709
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226426709.003.0009
Subject:
Economics and Finance, Public and Welfare

Complex patients with many comorbid conditions are among the highest-cost users of Medicare, and they constitute an important source of growth in Medicare expenditures. This paper analyzes the ... More


The Volume-Outcome Relationship in Japan: The Case of Percutaneous Transluminal Coronary Angioplasty (PTCA) Volume on Mortality of Acute Myocardial Infarction (AMI) Patients

Koichi Kawabuchi and Shigeru Sugihara

in Health Care Issues in the United States and Japan

Published in print:
2006
Published Online:
February 2013
ISBN:
9780226902920
eISBN:
9780226903248
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226903248.003.0006
Subject:
Economics and Finance, Public and Welfare

This chapter explores the link between the number of percutaneous transluminal coronary angioplasty (PTCA) procedures performed and negative medical outcomes among acute myocardial infarction (AMI) ... More


Measuring and Managing Federal Financial Risk: A View from the Hill

Donald B. Marron

in Measuring and Managing Federal Financial Risk

Published in print:
2010
Published Online:
February 2013
ISBN:
9780226496580
eISBN:
9780226496597
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226496597.003.0003
Subject:
Economics and Finance, Econometrics

There is clearly room for improvement in the measurement and management of the federal budget, generally, and in the management and reporting of financial risk, in particular. Improvements have been ... More


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