This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Flexible Spending Accounts as Insurance

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
James H. Cardon
Mark H. Showalter

Additional information is available for the following registered author(s):

Abstract

We model flexible spending accounts (FSAs) as a special type of insurance policy. We prove the following results given losses drawn from a continuous distribution: (1) the optimal election amount, "F"-super-*, is increasing in the consumer's level of risk aversion; (2) "F"-super-* is increasing in the level of the maximum loss; If utility is decreasing in absolute risk aversion (DARA), then "F"-super-* is (3) decreasing in income and (4) increasing in the marginal tax rate. Copyright 2003 The Journal of Risk and Insurance.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/1539-6975.00046
File Format: text/html
File Function: link to full text
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by The American Risk and Insurance Association in its journal Journal of Risk & Insurance.

Volume (Year): 70 (2003)
Issue (Month): 1 ()
Pages: 43-51
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:bla:jrinsu:v:70:y:2003:i:1:p:43-51

Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-4367

Order Information:
Web: http://www.blackwellpublishing.com/subs.asp?ref=0022-4367

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords:

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Barton H. Hamilton & James Marton, 2008. "Employee choice of flexible spending account participation and health plan," Health Economics, John Wiley & Sons, Ltd., vol. 17(7), pages 793-813. [Downloadable!]
Statistics
Access and download statistics

Did you know? The RePEc project started in 1997. Its precursor, NetEc, dates back to 1993.

This page was last updated on 2009-12-15.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.