This research investigates whether and how expanding association health plans (AHPs) would generate more cost savings and enhance availability and affordability in the individual health insurance markets. In our analyses, we extend the AHP’s commonality of interest to include geographic...

The existence of asymmetric information in insurance markets has been studied extensively in the economics literature, whereas the factors likely to influence asymmetric information have had less attention. Using individual level insurance data from a Takaful health insurance company located in...