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Economic Windfalls and the Affordable Care Act: A Policy Proposal

Author

Listed:
  • Joshua Congdon-Hohman

    (Department of Economics, College of the Holy Cross)

  • Victor Matheson

    (Department of Economics, College of the Holy Cross)

Abstract

This paper identifies a major issue with windfall payments under either possible interpretation of the ACA as it currently stands. Several alternatives are proposed that would eliminate the windfalls. We advocate the establishment of a tort award funded �Federal Stabilization Fund� to improve the economic efficiency of future health care awards in the age of the Affordable Care Act.

Suggested Citation

  • Joshua Congdon-Hohman & Victor Matheson, 2016. "Economic Windfalls and the Affordable Care Act: A Policy Proposal," Working Papers 1606, College of the Holy Cross, Department of Economics.
    • Handle: RePEc:hcx:wpaper:1606
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    File URL: https://hcapps.holycross.edu/hcs/RePEc/hcx/HC1606-Matheson-Congdon_ACAWindfallsPolicy.pdf
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    More about this item

    Keywords

    Affordable Care Act; forensic economics; tort awards; lawsuits; health insurance;
    All these keywords.

    JEL classification:

    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • K41 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Litigation Process

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