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On January 1, 2006, the federal government began providing insurance coverage for Medicare recipients' prescription drug expenditures through a new program known as Medicare Part D. Rather than setting pharmaceutical prices itself, the government contracted with private insurance plans to...
Persistent link: https://www.econbiz.de/10005774476
Public financing of private health insurance may generate external effects beyond the subsidized population, by influencing the size and bargaining power of health insurers. We test for this external effect in the context of Medicare Part D. We analyze how Part D-related insurer size increases...
Persistent link: https://www.econbiz.de/10008611557
The lack of flexibility in public procurement design and implementation reflects public agents' political risk …
Persistent link: https://www.econbiz.de/10010950960
Procurement contracts are often incomplete because the initial plans and specifications are changed and refined after … and local market power, which are the focus on much of the literature on optimal procurement mechanisms, are much smaller …
Persistent link: https://www.econbiz.de/10005778736
investigate how generic drug producers compete in the presence of the procurement rules of the Medicaid program. Medicaid …
Persistent link: https://www.econbiz.de/10010951249
I study the channels through which health insurance influences medical innovation. Following Medicare and Medicaid's passage, I find that U.S.-based medical-equipment patenting rose by 40 to 50 percent relative to both other U.S. patenting and foreign medical-equipment patenting. Within the...
Persistent link: https://www.econbiz.de/10010723396
predictions using data on procurement spending by the U.S. federal government. Using contract-level data on a near-universe of …
Persistent link: https://www.econbiz.de/10010696643
During the last several years, government spending on drugs used to treat schizophrenia and other psychotic illnesses has increased at more than 30% per year, with the $3 billion in 2001 Medicaid expenditures exceeding spending in any other therapeutic category. This growth has been primarily...
Persistent link: https://www.econbiz.de/10005710614
State governments contract with health maintenance organizations (HMOs) to coordinate medical care for nearly 20 million Medicaid recipients. Identifying the causal effect of HMO enrollment on government spending and health care quality is difficult if, as is often the case, recipients have the...
Persistent link: https://www.econbiz.de/10005828653
of its procurement actions, thereby indirectly rewarding contractors who are able to benefit from tax expenditures of …
Persistent link: https://www.econbiz.de/10005830611