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We study the moral hazard effects of the drug copayment threshold in Finland using detailed prescription drug purchase … data. The analysis reveals that the average drug costs increase discontinuously by 17% at the threshold above which out …-of-pocket drug costs decrease substantially. Our results suggest an average price elasticity of -0.17, which indicates evident moral …
Persistent link: https://www.econbiz.de/10014347995
Ohio announced a Vax-a-Million Lottery in May 2021 to encourage people vaccinated. If people may avoid vaccination because (1) they worry about rare but critical side effects or (2) they want to free ride on herd immunity, the vaccination lottery may work better or worse than a lump-sum transfer...
Persistent link: https://www.econbiz.de/10013216770
This paper adds some formal research to the success of ongoing efforts to combat the COVID-19 pandemic by examining the drivers of the administration and delivery efficiency of coronavirus vaccines. For this purpose, we use data from the 50 US states and place the formal analysis in the context...
Persistent link: https://www.econbiz.de/10013235098
We use difference-in-difference methods and data from the 2008 Survey of Income and Program Participation to test whether the ACA dependent care provision is associated with family structure and public program participation among young adults. Findings indicate that implementation of the...
Persistent link: https://www.econbiz.de/10012908653
In this study, we test whether the Affordable Care Act’s (ACA) dependent care provision is associated with young adults’ propensity to be in the armed forces and to have military health insurance. We use a difference-in-difference (DD) approach, comparing the outcomes of young adults...
Persistent link: https://www.econbiz.de/10012908665
Through changing the connection between insurance and employment, the Affordable Care Act (ACA) has affected people's incentives to obtain education. We employ a triple-difference strategy comparing counties with different levels of uninsurance pre-ACA and in states with different Medicaid...
Persistent link: https://www.econbiz.de/10012861398
Social programs and mandates are usually studied in isolation, but interaction effects could create spillovers to other public goods. We examine how health insurance coverage affects the education of students with Autism Spectrum Disorder (ASD) in the context of state-mandated private therapy...
Persistent link: https://www.econbiz.de/10012861424
Over the last decade, the U.S. Medicare program has added new billing codes to enhance the financial rewards for Chronic Care Management and Transitional Care Management. We show that the take-up of these new billing codes is gradual and exhibits substantial variations across markets and...
Persistent link: https://www.econbiz.de/10013217556
This paper studies a market for a medical product in which there is perfect competition among health insurers, while the good is sold by a monopolist. Individuals differ in their severity of illness and there is ex post moral hazard. We consider two regimes: one in which insurers use coinsurance...
Persistent link: https://www.econbiz.de/10013221173
Innovation is part idea generation and part development. We build a model of “innovating-bydoing,” whereby ideas come to practitioners. Successful innovation requires that practitioners’ideas be developed through costly effort. Our model nests existing theories of laboratory researchand...
Persistent link: https://www.econbiz.de/10013232414