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revisiting prior choices, can lead to decision errors. This paper explores the enrollment decisions of Medicare beneficiaries in … the Medicare Advantage (MA) program. During the time period we study (2007-2010), private fee-for-service (PFFS) plans … offered enhanced benefits beyond those of traditional Medicare (TM) without any restrictions on physician networks or …
Persistent link: https://www.econbiz.de/10012458484
The Medicare Part D program relies on consumer choice to provide insurers with incentives to offer low-priced, high …
Persistent link: https://www.econbiz.de/10012457640
Since the inception of Medicare Part D in 2006, mergers and acquisitions (M&A) and regulatory changes have led to … examine how this industry consolidation affects Medicare beneficiaries' enrollment in PDPs and their out-of-pocket (OOP) drug … OOP drug expenditures, but these changes also affect Medicare beneficiaries indirectly through impacting PDP …
Persistent link: https://www.econbiz.de/10014512121
Medicare eligibility. We use administrative data to examine several Medicare enrollment choices: the heavily under …-subscribed Medicaid "dual" coverage as a supplement to Medicare; Medicare Part D; the Part D Low Income Subsidy (LIS); and Medicare … Advantage. Focusing on people living in low-income zip codes, we find a large increase in dual Medicaid among new Medicare …
Persistent link: https://www.econbiz.de/10014635638
In 1992, the United States Centers for Medicare and Medicaid Services (CMS) introduced new insurance coverage for two … Medicare population about coverage of preventive services may have substantial social value …
Persistent link: https://www.econbiz.de/10012468785
The Affordable Care Act (ACA) established health insurance marketplaces where consumers can buy individual coverage. Leveraging novel credit card and bank account micro-data, we identify new enrollees in the California marketplace and measure their health spending and premium payments. Following...
Persistent link: https://www.econbiz.de/10012453052
Medicare Part D enrollees face a complicated decision problem: they must dynamically choose prescription drug … consumption in each period given difficult- to-find prices and a non-linear budget set. We use Medicare Part D claims data from …
Persistent link: https://www.econbiz.de/10012457690
Public attention has focused on how the launch of the national health exchanges could impact the types of risks who initially enroll and thereby affect future premiums and enrollment. We introduce simple dynamics into a standard model of insurance under adverse selection to show that such...
Persistent link: https://www.econbiz.de/10012458785
We study choice over prescription insurance plans by the elderly using government administrative data to evaluate how these choices are made and evolve over time. We find that there is large "foregone savings" from not choosing the lowest cost plan that has grown over time. We develop a...
Persistent link: https://www.econbiz.de/10012459498
Universal health coverage is a widely shared goal across lower-income countries. We conducted a large-scale, 4-year trial that randomized premiums and subsidies for India's first national, public hospital insurance program, RSBY. We find roughly 60% uptake even when consumers were charged...
Persistent link: https://www.econbiz.de/10014512093