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privatizing the delivery of Medicaid drug benefits on drug spending. Exploiting granular data that allow us to examine drug … utilization, we find that drug spending would fall by 22.4 percent if the drug benefit was fully administered by Medicaid Managed …
Persistent link: https://www.econbiz.de/10012453758
prescription psychotropic medication use. We examine the effect of state-level Medicaid expansion following the 2014 implementation …
Persistent link: https://www.econbiz.de/10012481500
study the effects of recent and major eligibility expansions within Medicaid, a public insurance system for the poor in the … administrative data on medications for which Medicaid was a third-party payer over the period 2011 to 2017. Our findings suggest that … these expansions increased psychotropic prescriptions by 22.3%. We show that Medicaid, and not patients, financed these …
Persistent link: https://www.econbiz.de/10012453951
We examine the effects of must-access prescription drug monitoring programs (PDMPs) and recent regulations limiting the duration of initial opioid prescriptions on care received by patients with work-related injuries, focusing on opioid utilization and medical care related to pain management. We...
Persistent link: https://www.econbiz.de/10012660049
implications for regulation and welfare. We address endogeneity issues by demonstrating that patients with higher disease severity …
Persistent link: https://www.econbiz.de/10013388796
We leverage two unique natural experiments to show that, in public drug insurance for the low-income elderly in the U.S., defaults have large and persistent effects on plan enrollment and beneficiary drug utilization. We estimate that when a beneficiary's default is exogenously changed from one...
Persistent link: https://www.econbiz.de/10012482549
evidence of how this relationship varies across markets. We investigate whether recent expansions in state Medicaid programs … caused an increase in R&D. We find no evidence of a response, potentially a result of Medicaid's low reimbursement for …
Persistent link: https://www.econbiz.de/10012533304
We use data from the Medicare Current Beneficiary Survey (MCBS) to document the medical spending of Americans aged 65 and older. We find that medical expenses more than double between ages 70 and 90 and that they are very concentrated: the top 10% of all spenders are responsible for 52% of...
Persistent link: https://www.econbiz.de/10012457397
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
High administrative costs in U.S. health care have provoked concern among policymakers over potential waste, but many of these costs are generated by managed care policies that trade off bureaucratic costs against reductions in moral hazard. We study this trade-off for prior authorization...
Persistent link: https://www.econbiz.de/10013537772