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More than a quarter of Medicare beneficiaries are enrolled in Medicare Advantage, which was created in large part to improve the efficiency of health care delivery by promoting competition among private managed care plans. This paper explores the spillover effects of the Medicare Advantage...
Persistent link: https://www.econbiz.de/10013081499
We estimate a bargaining model of competition between hospitals and managed care organizations (MCOs) and use the … hospitals. We show that increasing patient coinsurance tenfold would reduce prices by 16%. We find that a proposed hospital …
Persistent link: https://www.econbiz.de/10013085491
Medicaid, the government program for providing health insurance to low-income and disabled Americans, is the largest health insurer in the United States with more than 73 million enrollees. It is also the sector of the U.S. public health insurance system that relies most heavily on the tools of...
Persistent link: https://www.econbiz.de/10012953984
In the U.S., nearly 11% of school-age children have been diagnosed with ADHD, and approximately 10% of children suffer from asthma. In the last decade, the number of children diagnosed with these conditions has inexplicably been on the rise. This increase has been concentrated in the Medicaid...
Persistent link: https://www.econbiz.de/10012944625
Effectively designed market mechanisms may reduce growth in health care spending. In this paper, we study the impact of 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...
Persistent link: https://www.econbiz.de/10012945134
This paper investigates the impact of Medicare HMO penetration on the medical care expenditures incurred by Medicare fee-for-service enrollees. We find that increasing penetration leads to reduced health care spending on fee-for-service beneficiaries. In particular, a one percentage point...
Persistent link: https://www.econbiz.de/10012759599
states%u2019 history with managed care, these findings suggest that hospitals in highly competitive markets compete on …
Persistent link: https://www.econbiz.de/10012761270
The use of government-mandated report cards to diminish uncertainty about the quality of products and services is widespread. However, report cards will have little effect if they simply confirm consumers' prior beliefs. Moreover, documented quot;responsesquot; to report cards may reflect...
Persistent link: https://www.econbiz.de/10012762443
Exploiting random assignment of Medicaid beneficiaries to managed care plans, we identify plan-specific effects on healthcare utilization. Auto-assignment to the lowest-spending plan generates 30% lower spending than if the same enrollee were assigned to the highest-spending plan, despite...
Persistent link: https://www.econbiz.de/10012824274
We analyze the evolution of health insurer costs in Massachusetts between 2010-2012, paying particular attention to changes in the composition of enrollees. This was a period in which Health Maintenance Organizations (HMOs) increasingly used physician cost control incentives but Preferred...
Persistent link: https://www.econbiz.de/10012979349