How CBO Analyzes Public-Private Risk Sharing in Insurance Markets
Congressional Budget Office
No 57615, Reports from Congressional Budget Office
Abstract:
In some insurance markets, the federal government and private insurance companies share the financial risk of covering insured parties. In this report, CBO outlines how it analyzes three different forms of public-private risk sharing that are used to provide terrorism insurance, crop insurance, and flood insurance. The agency also describes how each form of risk sharing affects the federal budget.
JEL-codes: G10 G18 G22 H12 H50 H60 H84 Q54 Q58 (search for similar items in EconPapers)
Date: 2022-11-30
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