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There is much debate about whether the Medicare Prescription Drug Bill -- the greatest expansion of Medicare benefits since its creation in 1965 -- will improve the health of elderly Americans, and how much it will cost. We model how insurance affects medical care utilization, and subsequently,...
Persistent link: https://www.econbiz.de/10012467723
infer returns from hospital entry behavior. We estimate a model of patient flows for CABG patients that provides inputs for …
Persistent link: https://www.econbiz.de/10012470084
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
We examine cost-plus lagged-price reimbursement contracts, focusing on Medicare Part B's payment for physician-administered drugs. Our theoretical model shows that lagged-price reimbursement can raise launch prices but lower prices in later periods. While previous research showed Part B...
Persistent link: https://www.econbiz.de/10014436965
for diseases with the greatest profitability and demand elasticity. Most empirical evidence regarding hospital competition … - ambulances usually take patients to the closest (or affiliated) hospital. In this paper, we derive a theoretically appropriate ….S. regional hospital markets to instrument for market concentration. We then estimate the model using risk-adjusted Medicare data …
Persistent link: https://www.econbiz.de/10012455854
Provider payments are the key determinant of insurance generosity within many health insurance programs covering low-income populations. This paper analyzes the effects of a large, federally-mandated provider payment increase for primary care services provided to low-income elderly and disabled...
Persistent link: https://www.econbiz.de/10012696380
Has U.S. health care for the elderly become more equitable during the past several decades? When inequality is measured by Medicare expenditures, the answer is yes. During 1987-2001, low income households experienced an increase of 78 percent ($2624) in per capita expenditures, double the...
Persistent link: https://www.econbiz.de/10012467847
partially crowd out traditional office visits following hospital discharges. As a case of code complementarity, we show that …
Persistent link: https://www.econbiz.de/10014322724
Moral hazard and provider-induced demand may contribute to overutilization of scarce health care resources. The U.S. health care system includes several compensatory cost-containment mechanisms, but their effects depend on how patients and providers respond. We investigate hospice programs'...
Persistent link: https://www.econbiz.de/10014372448
understudied. We study potential trade-offs in the US hospital sector where public control declined by 42% over 1983-2019. Private … certain patients. Using national data across all hospitals and patients, we study 258 hospital privatizations over the 2000 … we interpret as a decline in access to care. Hospital privatization therefore partially offsets the benefits of providing …
Persistent link: https://www.econbiz.de/10013537718