Abstract
Many measures to reform health insurance markets include various types of government-sponsored reinsurance. This article explains the purposes and types of private and public reinsurance, and reviews available evidence about their performance. The author concludes that government-sponsored reinsurance inherently cannot reduce total costs, but it can shift costs from the private to the public sector. Also, reinsurance can help transition to a new government program or market structure that creates uncertain risks. Whether reinsurance is the best way to accomplish these goals depends greatly on the details.
First Page
465
Recommended Citation
Mark
A.
Hall
Government-Sponsored Reinsurance,
19
Annals Health L.
465
(2010).
Available at: https://lawecommons.luc.edu/annals/vol19/iss3/4