Document Type
Article
Date
3-1-2000
Keywords
tbd
Disciplines
Economics
Description/Abstract
Although chronically ill individuals need protection against high medical expenses, they often have difficulty obtaining adequate insurance coverage due to medical underwriting practices used to classify and price risks and to define and limit coverage for individuals and groups. Using data from healthy and chronically ill individuals in Indiana, we found that illness decreased the probability of having adequate insurance, particularly among single individuals. Chronic illness decreased the probability of having adequate coverage by about 10 percentage points among all individuals and by about 25 percentage points among single individuals. Preexisting condition exclusions were a major source of inadequate insurance. Our results emphasize the impact of enforcing the Health Insurance Portability and Accountability Act (HIPAA) of 1997, which limits preexisting condition exclusions.
Recommended Citation
Kinney, Eleanor D.; Kniesner, Thomas J.; and Stroupe, Kevin, "Does Chronic Illness Affect the Adequacy of Health Insurance Coverage?" (2000). Economics - All Scholarship. 110.
https://surface.syr.edu/ecn/110
Source
Harvest from ssrn.com
Additional Information
This manuscript is from the Social Science Research Network, for more information see http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1808040#192186