The value of waivers from the affordable care act

被引:0
|
作者
Bailey, James [1 ]
Drake, Coleman [2 ]
Wingender, John [3 ]
机构
[1] Providence Coll, Dept Econ, Providence, RI 02918 USA
[2] Univ Minnesota, Sch Publ Hlth, Dept Hlth Policy & Management, Minneapolis, MN USA
[3] Creighton Univ, Dept Econ & Finance, Omaha, NE 68178 USA
关键词
Affordable Care Act; annual benefit limit; ACA waiver; event study;
D O I
10.1080/13504851.2017.1403553
中图分类号
F [经济];
学科分类号
02 ;
摘要
The Affordable Care Act requires health insurance plans to offer coverage without annual limits. This requirement began to be enforced in September of 2010, but some employers received special waivers that delayed the start of enforcement for them. Using data from the Center for Research in Security Prices (CRSP), we conduct an event study of the stock prices of these companies as their waivers were announced. We find that waivers do not lead to a statistically significant increase in the stock prices of waiver recipients.
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页码:1161 / 1165
页数:5
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