Pauly, Mark; Zeng, Yuhui - In: Forum for Health Economics & Policy 7 (2004) 1, pp. 1051-1051
This paper investigates a possible predictor of adverse selection problems in unsubsidized stand-alone prescription drug insurance: the persistence of an individual's high spending over multiple years. Using Medstat claims data and data from the Medicare Survey of Current Beneficiaries, we find...