Should-Read: Michael Geruso and Timothy Layton: Selection in Health Insurance Markets and Its Policy Remedies: “We begin by outlining some important but often misunderstood differences between two types of conceptual frameworks… http://www.nber.org/papers/w23876 …The fixed-contracts approach… views selection as influencing only insurance prices in equilibrium. The… endogenous contracts approach treats selection as also influencing the design … Continue reading Should-Read: Michael Geruso and Timothy Layton: Selection in Health Insurance Markets and Its Policy Remedies