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More than a quarter of Medicare beneficiaries are enrolled in Medicare Advantage, which was created in large part to … the spillover effects of the Medicare Advantage program on the traditional Medicare program and other patients, taking … advantage of changes in Medicare Advantage payment policy to isolate exogenous increases in Medicare Advantage enrollment and …
Persistent link: https://www.econbiz.de/10013081499
This paper constructs a rich model of saving for retired single people. Our framework allows for bequest motives and heterogeneity in medical expenses and life expectancies. We estimate the model using AHEAD data and the method of simulated moments. The data show that out-of-pocket medical...
Persistent link: https://www.econbiz.de/10013152226
People have heterogenous life expectancies: women live longer than men, rich people live longer than poor people, and healthy people live longer than sick people. People are also subject to heterogenous out-of-pocket medical expense risk. We construct a rich structural model of saving behavior...
Persistent link: https://www.econbiz.de/10012778297
The Affordable Care Act (ACA) authorized the largest expansion of public health insurance in the U.S. since the mid-1960s. We exploit ACA-induced changes in the discontinuity in coverage at age 65 using a regression discontinuity based design to examine effects of the expansion on health...
Persistent link: https://www.econbiz.de/10012893981
We analyze Medicare Part D's net effect on elderly out-of-pocket (OOP) costs and use of prescription drugs using a …
Persistent link: https://www.econbiz.de/10012758398
We estimate the current impact of Medicare on medical expenditure risk and financial strain. At age 65, out … alone accounts for 18% of the social costs of financing Medicare. This calculation ignores the benefits of reduced financial … strain and direct health improvements due to Medicare …
Persistent link: https://www.econbiz.de/10013057414
We examine whether obtaining prescription drug insurance through the Medicare Part D program affected hospital … Medicare beneficiaries and exploit the natural experiment of Medicare Part D to obtain estimates of the effect of prescription … Medicare Part D was associated with an 8% decrease in the number of hospital admissions, a 7% decrease in Medicare expenditures …
Persistent link: https://www.econbiz.de/10013057818
before and after the establishment of the Medicare Prospective Payment System (PPS). Comparing persons above and below age 65 …
Persistent link: https://www.econbiz.de/10013218896
This gaper analyzes the welfare implications of fixed price regulation in a model in which consumers are heterogeneous and a firm can endogenously quality discriminate. The motivation for this analysis is the current move of third party payors (governmental and private insurors) toward...
Persistent link: https://www.econbiz.de/10013240333
We investigate the hypothesis that increasing access for the indigent to physician offices shifts care from hospital outpatient settings and lowers Medicaid costs (the so-called offset effect'). To evaluate this hypothesis we exploit a large increase in physician fees in the Tennessee Medicaid...
Persistent link: https://www.econbiz.de/10013246499