Not every reform is a good reform: Procedures for the transfer of accrued reserves in private health-care insurance

In the context of the coming health-care reforms, the Federal Government wants to allow the transfer of accrued reserves in private health-care insurance when an insured person changes insurance companies. According to current law, the insured are not able to transfer their accrued reserves, the capital stock that they have built up with their age group in order to prevent or at least curb the increase in insurance premiums in old age. The capital built up jointly by an age group is consumed jointly in old age. This study presents the advantages and disadvantages of the proposed reform models and presents a reform proposal of the Ifo Institute.