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copayments and coinsurance, for several healthcare services believed to be of low value and overused (sleep studies, endoscopies … insurance claims data, we estimate the change in low value healthcare service utilization among beneficiaries before and after … public and private healthcare policies as V-BID principles are rapidly proliferating in healthcare markets. …
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Patient cost-sharing for primary care and prescription drugs is designed to reduce the prevalence of moral hazard in utilization. Yet the success of this strategy depends on two factors: the elasticity of demand for those medical goods, and the risk of downstream hospitalizations by reducing...
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