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Consumer-directed health care : can consumers look after themselves?
McFadden, Daniel; Winter, Joachim; Heiss, Florian - 2008
In health care systems today, including those of Switzerland and the United States, participants do not necessarily see the big picture of lifetime health costs and quality of life, and in many systems consumers and providers lack the incentives to manage preventative and chronic care to...
Persistent link: https://www.econbiz.de/10003951552
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Plan selection in Medicare Part D : evidence from administrative data
Heiss, Florian; Leive, Adam; McFadden, Daniel; Winter, … - 2012
We study the Medicare Part D prescription drug insurance program as a bellwether for designs of private, non-mandatory health insurance markets that control adverse selection and assure adequate access and coverage. The focus of this paper is on the ability of consumers to evaluate and optimize...
Persistent link: https://www.econbiz.de/10009666978
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Suit the action to the word, the word to the action : hypothetical choices and real decisions in Medicare Part D
Kesternich, Iris; Heiss, Florian; McFadden, Daniel; … - 2012
In recent years, consumer choice has become an important element of public policy. One reason is that consumers differ in their tastes and needs, which they can express most easily through their own choices. Elements that strengthen consumer choice feature prominently in the design of public...
Persistent link: https://www.econbiz.de/10009656193
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Inattention and switching costs as sources of inertia in medicare part D
Heiss, Florian; McFadden, Daniel; Winter, Joachim; … - 2019
Consumers' health plan choices are highly persistent even though optimal plans change over time. This paper separates two sources of inertia, inattention to plan choice and switching costs. We develop a panel data model with separate attention and choice stages, linked by heterogeneity in...
Persistent link: https://www.econbiz.de/10012139521
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Consumer-Directed Health Care: Can Consumers Look After Themselves?
McFadden, Daniel; Winter, Joachim; Heiss, Florian - In: Swiss Journal of Economics and Statistics 144 (2008) 3, pp. 285-307
In health care systems today, including those of Switzerland and the United States, participants do not necessarily see the big picture of lifetime health costs and quality of life, and in many systems consumers and providers lack the incentives to manage preventative and chronic care to...
Persistent link: https://www.econbiz.de/10011933172
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Plan selection in Medicare Part D: Evidence from administrative data
Heiss, Florian; Leive, Adam; McFadden, Daniel; Winter, … - 2012
We study the Medicare Part D prescription drug insurance program as a bellwether for designs of private, non-mandatory health insurance markets that control adverse selection and assure adequate access and coverage. The value that Part D or other prescription drug coverage has for an individual...
Persistent link: https://www.econbiz.de/10010310612
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Plan selection in Medicare Part D: Evidence from administrative data
Heiss, Florian; Leive, Adam; McFadden, Daniel; Winter, … - Verein für Socialpolitik - VfS - 2012
We study the Medicare Part D prescription drug insurance program as a bellwether for designs of private, non-mandatory health insurance markets that control adverse selection and assure adequate access and coverage. The value that Part D or other prescription drug coverage has for an individual...
Persistent link: https://www.econbiz.de/10010955193
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Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans
Winter, Joachim; Heiss, Florian; McFadden, Daniel - National Bureau of Economic Research (NBER) - 2007
Medicare Part D provides prescription drug coverage through Medicare approved plans offered by private insurance companies and HMOs. In this paper, we study the role of current prescription drug use and health risks, related expectations, and subjective factors in the demand for prescription...
Persistent link: https://www.econbiz.de/10005720044
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Consumer-Directed Health Care: Can Consumers Look After Themselves?
McFadden, Daniel; Winter, Joachim; Heiss, Florian - In: Swiss Journal of Economics and Statistics (SJES) 144 (2008) III, pp. 285-307
In health care systems today, including those of Switzerland and the United States, participants do not necessarily see the big picture of lifetime health costs and quality of life, and in many systems consumers and providers lack the incentives to manage preventative and chronic care to...
Persistent link: https://www.econbiz.de/10004998462
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Professional norms and physician behavior : homo oeconomicus or homo hippocraticus?
Kesternich, Iris; Schumacher, Heiner; Winter, Joachim - 2014
Physicians' treatment decisions determine the level of health care spending to a large extent. The analysis of … collective of insured individuals or the taxpayers) bearing the costs. Professional norms are viewed as restraining physicians … of professional norms on prospective physicians' trade-offs between her own profits, the patients' benefits, and the …
Persistent link: https://www.econbiz.de/10010341918