Neale Mahoney studies public finance, industrial organization, and health economics. His dissertation examines health insurance markets. His paper “Pricing and Welfare in Health Plan Choice” (written jointly with M. Kate Bundorf and Jonathan Levin) is forthcoming in the American Economic Review.
Mahoney has worked as an associate at the consulting firm McKinsey & Company and on health care reform for the Obama Administration. For his research, he has been awarded a National Tax Association Outstanding Doctoral Dissertation Award (first runner-up) and the Lamport Prize for the best undergraduate thesis in economics at Brown University.
Before joining the faculty at Chicago Booth, Mahoney was an RWJ Fellow in Health Policy Research at Harvard University. He received a PhD and MA in economics from Stanford University and an ScB in applied mathematics-economics from Brown University.
New: Pricing and Welfare in Health Plan Choice
Date Posted: Aug 18, 2008
Prices in government and employer-sponsored health insurance markets only partially reflect insurers' expected costs of coverage for different enrollees. This can create inefficient distortions when consumers self-select into plans. We develop a simple model to study this problem and estimate it using new data on small employers. In the markets we observe, the welfare loss compared to the feasible efficient benchmark is around 2-11% of coverage costs. Three-quarters of this is due to restriction