RIPEC Policy Brief: Adopting a State-Based Individual Shared Responsibility Payment

Rhode Island Public Expenditures Council

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RIPEC Policy Brief: Adopting a State-Based Individual Shared Responsibility Payment

Today, RIPEC released a Policy Brief considering whether adopting a state-based individual shared responsibility payment (SRP) in Rhode Island is a sensible policy choice.  Based on a review of the theoretical arguments and empirical literature, RIPEC believes adopting a state-based SRP, and using the revenues to support a reinsurance program, is a reasonable policy choice for Rhode Island that will contribute to the stability of the individual health insurance market.  Find the full text of the Policy Brief here.