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We study physician agency and optimal payment policy in the context of an expensive medication used in dialysis care. Using Medicare claims data we estimate a structural model of treatment decisions, in which physicians differ in their altruism and marginal costs, and this heterogeneity is...
Persistent link: https://www.econbiz.de/10012216358
Although physicians are often expected to be gatekeepers to health insurance benefits such as paid sick leave, research indicates a substantial reluctance to reject patient requests for sickness certificates. We show that private information on the patient's part creates a conflict between the...
Persistent link: https://www.econbiz.de/10011647475
Recent Medicare legislation seeks to improve patient care quality by financially penalizing providers for hospital-acquired infections (HAIs). However, Medicare cannot directly monitor HAI rates, and instead relies on providers accurately self-reporting HAIs in claims to correctly assess...
Persistent link: https://www.econbiz.de/10011862259
Primary care physicians have two roles: the healer and the gatekeeper. We show that, due to information asymmetries, they cannot be expected to fulfill the latter role. Better gatekeepers will be poorer healers; hence all patients, both truly sick and shirkers, will strictly prefer physicians...
Persistent link: https://www.econbiz.de/10010275653
A central theme in the international debate on genetic testing concerns the extent to which insurance companies should be allowed to use genetic information in their design of insurance contracts. We analyze this issue within a model with the following important feature: A person’s well-being...
Persistent link: https://www.econbiz.de/10010284417
Primary care physicians have two roles: the healer and the gatekeeper. We show that, due to information asymmetries, they cannot be expected to fulfill the latter role. Better gatekeepers will be poorer healers; hence all patients, both truly sick and shirkers, will strictly prefer physicians...
Persistent link: https://www.econbiz.de/10003823078
visits and the length of stay in hospitals. We find that information has a negative effect on health care utilization …
Persistent link: https://www.econbiz.de/10009711236
A central theme in the international debate on genetic testing concerns the extent to which insurance companies should be allowed to use genetic information in their design of insurance contracts. We analyze this issue within a model with the following important feature: A person s well-being...
Persistent link: https://www.econbiz.de/10011402443
A central theme in the international debate on genetic testing concerns the extent to which insurance companies should be allowed to use genetic information in their design of insurance contracts. We analyze this issue within a model with the following important feature: A person's well-being...
Persistent link: https://www.econbiz.de/10013319297
the interaction between the hospitals and the manufacturer of a new treatment as an adverse selection problem where the … firm does not have perfect information on the prevalence across hospitals of the genetic characteristics of the patients … making them eligible to receive a new treatment. As a result of the model, hospitals with high prevalence rates benefit from …
Persistent link: https://www.econbiz.de/10011586604