Price Elasticities and Social Health Insurance Choice in Germany: A Dynamic Panel Data Approach
Marcus Tamm (),
Harald Tauchmann () and
No 28, RWI Discussion Papers from RWI - Leibniz-Institut für Wirtschaftsforschung
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.
Keywords: Competition; generalized method of moments; health insurance (search for similar items in EconPapers)
JEL-codes: C33 I18 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zbw:rwidps:28
Access Statistics for this paper
More papers in RWI Discussion Papers from RWI - Leibniz-Institut für Wirtschaftsforschung Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().