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-lowering statins) to study the responses of physicians and patients to variation in the cost of drugs. In a sample of first-time statin …-income patients. Our analysis suggests that physicians can perceive the adherence elasticity of their patients and adjust their …, we present suggestive evidence that physicians learn about a patient's price sensitivity through their own experience of …
Persistent link: https://www.econbiz.de/10012459476
We ask how competition influences the prescribing practices of physicians. Law changes granting nurse practitioners … variation in competition. In response, we find that general practice physicians (GPs) significantly increase their prescribing …. Our findings are consistent with a simple model of physician behavior in which competition for patients leads physicians …
Persistent link: https://www.econbiz.de/10013537781
Health insurance plans in the U.S. increasingly use price mechanisms to steer demand for prescription drugs. The … effectiveness of these incentives, however, depends both on physicians' price sensitivity and their knowledge of patient prices. We … information. Applying this model to diabetes care, we find that physicians lack detailed price information and are more price …
Persistent link: https://www.econbiz.de/10014468214
: the number of physicians in the physician's group (if any); the physician's integration with or employment by a hospital … or hospital system; and the average age of the other physicians in the physician's group. We present three key findings …. First, all else held constant, group physicians prescribe far fewer opioids, and prescribe them more appropriately, than do …
Persistent link: https://www.econbiz.de/10014421210
Physicians commonly receive marketing-related transfers from drug firms. We examine the impact of these relationships … fading out within a year. A marketing payment also leads physicians to begin treating cancer patients with lower expected …
Persistent link: https://www.econbiz.de/10014528376
The trend towards giving consumers choice about their health plans has invited research on how good they actually are at making these decisions. The introduction of Medicare Part D is an important example. Initial plan choices in this market were generally far from optimal. In this paper, we...
Persistent link: https://www.econbiz.de/10012455915
deductible, while in the second firm pharmaceuticals were exempt. Employees in the first firm shifted the timing of drug … use of pharmaceuticals for chronic diseases. We compare two large firms where nearly all employees were switched to CDHPs … to firms with conventional health insurance plans. In the first firm's CDHP, pharmaceuticals were subject to the …
Persistent link: https://www.econbiz.de/10012457739
insurance plan that provided free health care to a non-linear, high deductible plan. The switch caused a spending reduction … high-deductible coverage. Consumers reduce quantities across the spectrum of health care services, including potentially … data environment to study how consumers respond to the complex structure of the high-deductible contract. We find that …
Persistent link: https://www.econbiz.de/10012457037
The overuse of medical services including antibiotics is often blamed on Physician Induced Demand. But since this … patients actively demanding antibiotics, by physicians believing that patients want antibiotics, or by physicians believing …
Persistent link: https://www.econbiz.de/10012460492
Since the inception of Medicare Part D in 2006, mergers and acquisitions (M&A) and regulatory changes have led to increased concentration and reduced plan variety in the standalone prescription drug plan (PDP) portion of the market. We examine how this industry consolidation affects Medicare...
Persistent link: https://www.econbiz.de/10014512121