The policy players now trying to improve or replace the current Affordable Care Act system are facing a familiar enemy: anti-selection
If properly underwritten, the anti-selection
risks can be significantly reduced compared to stand-alone LTC policies.
will likely impact the mortality level and durational slope.
After all, we sell more business when participation is good, and underwriters and actuaries relax a bit about the inherent anti-selection
in voluntary business relative to the group business, where all eligible employees are covered.
It is believed that this initiative will facilitate the pricing and underwriting functions of the insurance companies while reducing the risks of anti-selection
and fraudulent claims for the companies underwriting health insurance business.
There's also a concern about what's known as anti-selection
, that retirees in ill health are more likely to take the lump sums.
Most voluntary group life and disability insurance products have minimum participation requirements to mitigate anti-selection
5 billion annually due to anti-selection
pressures when cover is not mandatory.
The increase in the young adult coverage rate could backfire, by encouraging anti-selection
and driving young adults' claims through the roof.
Because a smaller percentage of employees generally participate in voluntary plans, and those employees pay a higher share of their premiums than on an employer-paid plan, the risk of anti-selection
increases on a voluntary plan.
A YEAR at an inner-city English comprehensive school for anti-selection
campaigner Martin McGuinness.
They have not even been privy to a worthwhile debate, as anti-selection
campaigners preferred to speak of 'educational apartheid' rather than present intelligent arguments.