Publications [#238904] of Frank A. Sloan

Journal Articles

1. Sloan, FA, Adverse selection: does it preclude a competitive health insurance market?, Journal of health economics, vol. 11 no. 3 (October, 1992), pp. 353-356, ISSN 0167-6296 [doi]
   (last updated on 2025/05/31)

   Abstract:
   In sum, although fixed dollar subsidies have the great virtue of ferreting out cross subsidies, society may not be satisfied with the results. The scenario described by Marquis is only one of many. People seem to want lifetime insurance offering low premiums if things go bad rather than premiums that change annually as health outcomes are realized [see, e.g., Light (1992)]. But nondiversible risk may be too great for a market in life contracts to exist.