Discussion about this post

User's avatar
Robin Hanson's avatar

I just added to this post.

Expand full comment
Overcoming Bias Commenter's avatar

"do not have to hold reserves" ... This is not true. If they file GAAP statements, they have to comply with FAS 5.

There are significant simultaneity problems with observing self-insured status v. medical spend. Higher spending encourages opportunities to obtain more control; larger claims experience is more stable and therefore easier to self-insure; larger companies tend to face collectively bargained plans that can be quite rich.

Expand full comment
16 more comments...

No posts