@article {516276,
	title = {Integrating risk adjustment and enrollee premiums in health plan payment},
	journal = {J Health Econ},
	volume = {32},
	number = {6},
	year = {2013},
	month = {2013 Dec},
	pages = {1263-77},
	abstract = {In two important health policy contexts - private plans in Medicare and the new state-run "Exchanges" created as part of the Affordable Care Act (ACA) - plan payments come from two sources: risk-adjusted payments from a Regulator and premiums charged to individual enrollees. This paper derives principles for integrating risk-adjusted payments and premium policy in individual health insurance markets based on fitting total plan payments to health plan costs per person as closely as possible. A least squares regression including both health status and variables used in premiums reveals the weights a Regulator should put on risk adjusters when markets determine premiums. We apply the methods to an Exchange-eligible population drawn from the Medical Expenditure Panel Survey (MEPS).},
	keywords = {Adolescent, Adult, Algorithms, Empirical Research, Female, Health Expenditures, Health Insurance Exchanges, Humans, Insurance, Health, Male, Medicare, Middle Aged, Patient Protection and Affordable Care Act, Private Sector, Regression Analysis, Risk Adjustment, United States, Young Adult},
	issn = {1879-1646},
	doi = {10.1016/j.jhealeco.2013.05.002},
	author = {Thomas G. McGuire and Glazer, Jacob and Joseph P. Newhouse and Normand, Sharon-Lise and Shi, Julie and Anna D. Sinaiko and Zuvekas, Samuel H}
}
