Atal, Juan Pablo; Fang, Hanming; Karlsson, Martin; … - 2020
To insure policyholders against contemporaneous health expenditure shocks and future reclassification risk, long …-term health insurance constitutes an alternative to community-rated short-term contracts with an individual mandate. Relying on … unique claims panel data from a large private insurer in Germany, we study a real-world long-term health insurance …