Subscribe Now!
Free Daily News, Jobs, Webcasts, Discussions
Display and Distribute
Your Job Openings
COVID-19 News
COVID-19 Webcasts

Featured Jobs

Qualified Plan Administrator

Clark Schaefer Hackett
(Cincinnati OH / Miamisburg OH / Columbus OH)

Clark Schaefer Hackett logo

Pension Administrator

KB Pension Services
(Telecommute / Bradenton FL)

KB Pension Services logo

Actuarial Consultant

Definiti-LLC
(Telecommute / University Place WA / The Woodlands TX / Erie PA / Dallas TX)

Definiti-LLC logo

Commissioner, Tax Exempt and Government Entities Division

Internal Revenue Service [IRS]
(Telecommute / Washington DC)

Internal Revenue Service [IRS] logo

Retirement Plan Consultant

Definiti
(Telecommute / Dallas TX / University Place WA / The Woodlands TX)

Definiti logo

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



Health Insurance Information Frictions, Plan Choice, and Consumer Welfare
National Bureau of Economic Research [NBER] Link to more items from this source
Sept. 2, 2013
"[C]onsumers lack information on many important dimensions that they are typically assumed to understand, perceive high plan hassle costs, and make choices that depend on these frictions.... [I]ncorporating measures of these frictions leads to meaningful reductions in estimated consumer risk aversion.... [The authors] assess the welfare impact of a counterfactual menu design and find that the welfare loss from risk exposure when additional frictions are not taken into account is more than double that when they are[.]"

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020 BenefitsLink.com, Inc.