Resource title

Price elasticities and social health insurance choice in Germany: a dynamic panel data approach

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Resource description

In 1996 free choice of health insurers has been introduced in the German social health insurance scheme. Competition between insurers was supposed to increase efficiency. A crucial precondition for effective competition among health insurers is that consumers search for lower-priced health insurers.We test this hypothesis by estimating the price elasticities of insurers? market shares. We use unique panel data and specify a dynamic panel model to explain changes in market shares. Estimation results suggest that short-run price elasticities are smaller than previously found by other studies. In the long-run, however, estimation results suggest substantial price effects.

Resource author

Stefan Greß, Marcus Tamm, Harald Tauchmann, Jürgen Wasem

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Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/18579

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Adapt according to the presented license agreement and reference the original author.