Consumer Response to a National Marketplace for Individual Insurance. Footnotes

06/28/2008

  1. A copy of the literature review with complete references is attached as Appendix 2.
  2. Other studies, particularly from the Urban Institute, have examined the effects of mandates on insurance coverage.  However, these studies did not have sufficient information to inform the modeling requirements of our analysis.  In order to use them for our purposes, we would have needed to adjust them with estimates of the responsiveness of coverage to prices, i.e. dPrice/dRegulation = (dCoverage/dRegulation) / (dCoverage/dPrice).  The addition of a second level of uncertainty into our simulations is the drawback of this two-step approach.
  3. The midpoint is simply the calculated mean between the minimum and maximum increase effects of the regulations.
  4. A copy of the literature review with complete references is attached.
  5. Other studies, particularly from the Urban Institute, have examined the effects of mandates on insurance coverage.  However, these studies did not have sufficient information to inform the modeling requirements of our analysis.  In order to use them for our purposes, we would have needed to adjust them with estimates of the responsiveness of coverage to prices, i.e. dPrice/dRegulation = (dCoverage/dRegulation) / (dCoverage/dPrice).  The addition of a second level of uncertainty into our simulations is the drawback of this two-step approach.
  6. We used the ACS because it gave us state-specific distributions that were required to create the synthetic state markets for the analysis.
  7. The sample size for Hawaii had to be reduced to 600 because the MEPS sample from the Western region of the United States did not have enough representation among certain strata to accommodate the socio-demographics of Hawaii.  STATA does not allow one to draw a random sample from a stratum that is larger than the population, even with replacement.

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