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Average-cost pricing and dynamic selection incentives in the hospital sector

Kifmann, Mathias; Siciliani, Luigi - 2014

framework. Patients differ in severity within a DRG. Providers are to some extent altruistic. For low altruism, a downward … spiral of prices is possible which induces hospitals to focus on low-severity cases. For high altruism, dynamic price … adjustment depends on relation between patients’ severity and benefit. In a steady state, DRG prices are unlikely to give optimal …

Persistent link: https://www.econbiz.de/10010412307

Incorporating inequality aversion in health-care priority setting

Costa-Font, Joan; Cowell, Frank A. - 2019

Although measures of sensitivity to inequality are important in judging the welfare effects of health-care programmes, it is far from straightforward how to elicit them and apply them in health-care decision making. This paper provides an overview of the literature on the measurement of...

Persistent link: https://www.econbiz.de/10011966917

Do household tax credits increase the demand for legally provided services?

Burgstaller, Lilith; Doerr, Annabelle; Necker, Sarah - 2023

We study the causal effects of household tax credits on the willingness to demand legally provided services using two survey experiments with 1.974 German homeowners. Participants choose between hypothetical offers of service providers and are randomly assigned to a policy scenario 1) without a...

Persistent link: https://www.econbiz.de/10013489492

The value of national defense : assessing public preferences for defense policy options

Qari, Salmai; Börger, Tobias; Lohse, Tim; Meyerhoff, … - 2023

Defense spending accounts for a large share of the budget in many countries, but the value of the resulting public good - national defense - has so far escaped assessment. Much of the literature has instead considered indirect benefits of defense spending in terms of greater economic growth or...

Persistent link: https://www.econbiz.de/10014450765

Demand shocks, procurement policies, and the nature of medical innovation : evidence from wartime prosthetic device patents

Clemens, Jeffrey; Rogers, Parker - 2020

We analyze wartime prosthetic device patents to investigate how demand and procurement policy can shape medical innovation. We use machine learning tools to develop new data describing the aspects of medical and mechanical innovations that are emphasized in patent documents. Our analysis of...

Persistent link: https://www.econbiz.de/10012388245

Strategic interaction in the market for physician services : the treadmill effect in a fixed budget system

Benstetter, Franz; Wambach, Achim - 2001

We examine the strategic interaction in the market for physician services when the total budget for reimbursement is fixed. We show that this prospective payment system involves { compared to a fee-for-service remuneration system { a severe coordination problem, which potentially leads to the...

Persistent link: https://www.econbiz.de/10011398025

Medical innovations and ageing : a health economics perspective

Grossmann, Volker - 2021

This paper discusses the relationship between medical innovations and ageing from a health economics perspective and surveys empirical evidence on medical R&D incentives, R&D costs of pharmaceuticals, and the cost-effectiveness of health innovations. Particular focus is on the endogeneity of...

Persistent link: https://www.econbiz.de/10012653346

Plugging gaps in payment systems : evidence from the take-up of new medicare billing codes

Clemens, Jeffrey; Leganza, Jonathan M.; Masucci, Alex - 2021

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/10012599060

Do cost-sharing and entry deregulation curb pharmaceutical Innovation?

Grossmann, Volker - 2011

This paper examines the role of both cost-sharing schemes in health insurance systems and entry regulation for pharmaceutical R&D expenditure, drug prices, aggregate productivity, and income. The analysis suggests that both an increase in the coinsurance rate and stricter price regulations...

Persistent link: https://www.econbiz.de/10009124148

Health and economic growth : reconciling the micro and macro evidence

Bloom, David E.; Canning, David; Kotschy, Rainer; … - 2022

Economists use micro-based and macro-based approaches to assess the macroeconomic return to population health. The macro-based approach tends to yield estimates that are either negative and close to zero or positive and an order of magnitude larger than the range of estimates derived from the...

Persistent link: https://www.econbiz.de/10013262768