Policy innovation in voluntary hospital private health insurance: Combining risk adjustment and risk sharing in Australia
Combining risk adjustment with risk sharing shows promising potential for consumers in mitigating selection and improving incentives for cost control, while maintaining fit. This paper provides a direction for reforming the risk equalisation scheme to reduce selection incentives and enhance cost control.
Authors
- T. J. McGuire
- R van Kleef
- Josefa Henríquez (ORCID: https://orcid.org/0000-0001-5959-5377)
- Francesco Paolucci
- Andrew Matthews
Institutions
- Harvard University (US)
- Hunter Water (AU)
- Monash University (AU)
- University of Newcastle Australia (AU)
- Erasmus University Rotterdam (NL)
Publication Details
- Journal
- Health Policy
- Published
- 2026-02-16
- DOI
- https://doi.org/10.1016/j.healthpol.2026.105584
- Primary Topic
- Healthcare Policy and Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00