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The value of waivers from the affordable care act

Author

Listed:
  • James Bailey
  • Coleman Drake
  • John Wingender

Abstract

The Affordable Care Act requires health insurance plans to offer coverage without annual limits. This requirement began to be enforced in September of 2010, but some employers received special waivers that delayed the start of enforcement for them. Using data from the Center for Research in Security Prices (CRSP), we conduct an event study of the stock prices of these companies as their waivers were announced. We find that waivers do not lead to a statistically significant increase in the stock prices of waiver recipients.

Suggested Citation

  • James Bailey & Coleman Drake & John Wingender, 2018. "The value of waivers from the affordable care act," Applied Economics Letters, Taylor & Francis Journals, vol. 25(16), pages 1161-1165, September.
    • Handle: RePEc:taf:apeclt:v:25:y:2018:i:16:p:1161-1165
    DOI: 10.1080/13504851.2017.1403553
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