On Monday, April 6 2020, 16:00 - 17:30, Daniel Kühnle (University of Duisburg-Essen) will present:
Making it home? Evidence on the long-run impact of an intensive support program for the chronically homeless
We examine the long-run outcomes for a new housing-led, intensive support program for chronically homeless individuals, the Journey to Social Inclusion (J2SI). Evaluating the three-year program using a randomised controlled trial over a six-year period, we document that the treated group achieved substantially higher rates of housing throughout and slightly better employment outcomes during the trial. We find no other systematic improvements with respect to health and other non-housing outcomes during the trial. Importantly, three years after program end, we observe no differences between the treatment and control group with respect to any outcomes. Thus, even a three-year intensive intervention program does not produce better long-run outcomes than treatment-as-usual.
Room: Due to the current situation regarding the COVID-19 pandemic, the talk will be held in a virtual seminar room. For more information click here.
Abstract: To insure policyholders against contemporaneous health expenditure shocks and future reclassification risk, long-term health insurance constitutes an alternative to community-rated short-term contracts with an individual mandate. Relying on unique claims panel data from a large private insurer in Germany, we study a real-world long-term health insurance application with a life-cycle perspective. We show that German long-term health insurance (GLTHI) achieves substantial welfare gains compared to a series of risk-rated short-term contracts. Although, by its simple design, the premium setting of GLTHI contract departs significantly from the optimal dynamic contract, surprisingly we only find modest welfare differences between the two. Finally, we conduct counterfactual policy experiments to illustrate the welfare consequences of integrating GLTHI into a system with a “Medicare-like” public insurance that covers people above 65.
The junior professorship for Empirical Health Economics (Prof. Dr. Katharina Blanakrt) at the Faculty of Economics and Business Administration at the University of Duisburg-Essen is looking for an Student assistant 10 hours per week