Abraham, Jean, Ashish Arora, Martin Gaynor, and Douglas Wholey. “Enter at Your Own Risk: HMO Participation and Enrollment in the Medicare Risk Market.” Economic Inquiry 38, no. 3 (2000): 385–401.
Ackerloff, George. “The Market for Lemons: Quality Uncertainty and the Market Mechanism.” Quarterly Journal of Economics 84, no. 3 (1970): 488–500.
Baicker, Katherine, Amitabh Chandra, and Mark Shepard. “Achieving Universal Health Insurance Coverage in the United States: Addressing Market Failures or Providing a Social Floor?” Journal of Economic Perspectives 37, no. 2 (May 2023): 99–122. https://doi.org/10.1257/jep.37.2.99.
Bundorf, M Kate, Jonathan Levin, and Neale Mahoney. “Pricing and Welfare in Health Plan Choice.” American Economic Review 102, no. 7 (2012): 3214–48.
Cabral, Marika, Michael Geruso, and Neale Mahoney. “Do Larger Health Insurance Subsidies Benefit Patients or Producers? Evidence from Medicare Advantage.” American Economic Review 108, no. 8 (2018): 2048–87.
Curto, Vilsa E. “Pricing Regulations in Individual Health Insurance: Evidence from Medigap.” Journal of Health Economics 91 (September 1, 2023): 102785. https://doi.org/10.1016/j.jhealeco.2023.102785.
Curto, Vilsa, Liran Einav, Jonathan Levin, and Jay Bhattacharya. “Can Health Insurance Competition Work? Evidence from Medicare Advantage.” Journal of Political Economy 129, no. 2 (2021): 570–606.
Cutler, David M, and Sarah J Reber. “Paying for Health Insurance: The Trade-Off between Competition and Adverse Selection.” Quarterly Journal of Economics 113, no. 2 (1998): 433–66.
Dafny, Leemore. “Are Health Insurance Markets Competitive?” American Economic Review 100, no. 4 (2010): 1399–1431.
———. “Evaluating the Impact of Health Insurance Industry Consolidation: Learning from Experience.” Issue Brief. The Commonwealth Fund, 2015.
Dafny, Leemore, Mark Duggan, and Subramaniam Ramanarayanan. “Paying a Premium on Your Premium? Consolidation in the US Health Insurance Industry.” American Economic Review 102, no. 2 (2012): 1161–85.
Decarolis, Francesco, and Andrea Guglielmo. “Insurers’ Response to Selection Risk: Evidence from Medicare Enrollment Reforms.” Journal of Health Economics 56 (2017): 383–96.
Duggan, Mark, Amanda Starc, and Boris Vabson. “Who Benefits When the Government Pays More? Pass-through in the Medicare Advantage Program.” Journal of Public Economics 141 (2016): 50–67.
Einav, Liran, and Amy Finkelstein. “Empirical Analyses of Selection and Welfare in Insurance Markets: A Self-Indulgent Survey.” Working Paper. Working Paper Series. National Bureau of Economic Research, April 2023. https://doi.org/10.3386/w31146.
———. “Moral Hazard in Health Insurance: What We Know and How We Know It.” Journal of the European Economic Association 16, no. 4 (August 1, 2018): 957–82. https://doi.org/10.1093/jeea/jvy017.
———. “Selection in Insurance Markets: Theory and Empirics in Pictures.” The Journal of Economic Perspectives 25, no. 1 (2011): 115–38.
Einav, Liran, Amy Finkelstein, and Mark R. Cullen. “Estimating Welfare in Insurance Markets Using Variation in Prices.” The Quarterly Journal of Economics 125, no. 3 (August 1, 2010): 877–921. https://doi.org/10.1162/qjec.2010.125.3.877.
Einav, Liran, Amy Finkelstein, and Jonathan Levin. “Beyond Testing: Empirical Models of Insurance Markets.” Annual Review of Economics 2, no. 1 (2010): 311–36.
Einav, Liran, Amy Finkelstein, Stephen P Ryan, Paul Schrimpf, and Mark R Cullen. “Selection on Moral Hazard in Health Insurance.” American Economic Review 103, no. 1 (2013): 178–219.
Einav, Liran, and Jonathan Levin. “Managed Competition in Health Insurance.” Journal of the European Economic Association 13, no. 6 (2015): 998–1021.
Finkelstein, Amy, Nathaniel Hendren, and Mark Shepard. “Subsidizing Health Insurance for Low-Income Adults: Evidence from Massachusetts.” American Economic Review 109, no. 4 (April 2019): 1530–67. https://doi.org/10.1257/aer.20171455.
Frank, Richard G, Jacob Glazer, and Thomas G McGuire. “Measuring Adverse Selection in Managed Health Care.” Journal of Health Economics 19, no. 6 (2000): 829–54.
Geddes, Eilidh, and Molly Schnell. “The Expansionary and Contractionary Supply-Side Effects of Health Insurance.” Working Paper. Working Paper Series. National Bureau of Economic Research, July 2023. https://doi.org/10.3386/w31483.
Hackmann, Martin B., Jonathan T. Kolstad, and Amanda E. Kowalski. “Adverse Selection and an Individual Mandate: When Theory Meets Practice.” The American Economic Review 105, no. 3 (March 2015): 1030–66. https://doi.org/10.1257/aer.20130758.
Handel, Ben, Igal Hendel, and Michael D. Whinston. “Equilibria in Health Exchanges: Adverse Selection versus Reclassification Risk.” Econometrica 83, no. 4 (2015): 1261–1313. https://doi.org/10.3982/ECTA12480.
Handel, Benjamin R. “Adverse Selection and Inertia in Health Insurance Markets: When Nudging Hurts.” American Economic Review 103, no. 7 (December 2013): 2643–82. https://doi.org/10.1257/aer.103.7.2643.
Handel, Benjamin R., Jonathan T. Kolstad, and Johannes Spinnewijn. “Information Frictions and Adverse Selection: Policy Interventions in Health Insurance Markets.” Review of Economics and Statistics 101, no. 2 (2019): 326–40.
Ho, Kate, and Robin S Lee. “Insurer Competition in Health Care Markets.” Econometrica 85, no. 2 (2017): 379–417.
Kong, Edward, Timothy J Layton, and Mark Shepard. “Adverse Selection and (Un)Natural Monopoly in Insurance Markets,” n.d.
Layton, Timothy J., Nicole Maestas, Daniel Prinz, and Boris Vabson. “Private vs. Public Provision of Social Insurance: Evidence from Medicaid.” Working Paper. Working Paper Series. National Bureau of Economic Research, July 2019. https://doi.org/10.3386/w26042.
Lin, Haizhen, and Ian M. McCarthy. “Multimarket Contact in Health Insurance: Evidence from Medicare Advantage.” The Journal of Industrial Economics 71, no. 1 (2023): 212–55. https://doi.org/10.1111/joie.12318.
Manning, Willard G, and M Susan Marquis. “Health Insurance: The Tradeoff between Risk Pooling and Moral Hazard.” Journal of Health Economics 15, no. 5 (1996): 609–39.
Marone, Victoria R., and Adrienne Sabety. “When Should There Be Vertical Choice in Health Insurance Markets?” American Economic Review 112, no. 1 (January 2022): 304–42. https://doi.org/10.1257/aer.20201073.
Pelech, Daria. “Paying More for Less? Insurer Competition and Health Plan Generosity in the Medicare Advantage Program.” Journal of Health Economics 61 (2018): 77–92.
Rothschild, Michael, and Joseph Stiglitz. “Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information.” Quarterly Journal of Economics, 1976, 629–49.
Shepard, Mark. “Hospital Network Competition and Adverse Selection: Evidence from the Massachusetts Health Insurance Exchange.” American Economic Review 112, no. 2 (February 1, 2022): 578–615. https://doi.org/10.1257/aer.20201453.
Song, Zirui, Mary Beth Landrum, and Michael E Chernew. “Competitive Bidding in Medicare Advantage: Effect of Benchmark Changes on Plan Bids.” Journal of Health Economics 32, no. 6 (2013): 1301–12.
Starc, Amanda. “Insurer Pricing and Consumer Welfare: Evidence from Medigap.” RAND Journal of Economics 45, no. 1 (2014): 198–220.
Town, Robert, and Su Liu. “The Welfare Impact of Medicare HMOs.” RAND Journal of Economics 24, no. 4 (2003): 719–36.