This paper investigates the impact of Medicare HMO penetration on the medical care expenditures incurred by Medicare fee-for-service enrollees. We find that increasing penetration leads to reduced health care spending on fee-for-service beneficiaries. In particular, a one percentage point...

This paper investigates the impact of Medicare HMO penetration on the medical care expenditures incurred by Medicare fee-for-service enrollees. We find that increasing penetration leads to reduced health care spending on fee-for-service beneficiaries. In particular, a one percentage point...

This book provides key economic facts, explains the economic concepts needed to examine the implications of these facts, and summarizes the results of empirical studies regarding our healthcare system's access, cost, and quality problems as well as identifying six key trends that are reforming...

part Section I: Pressures for Change -- chapter 1 Access -- chapter 2 Cost -- chapter 3 Quality -- chapter Conclusion to Section I -- chapter Introduction -- chapter 4 Align Incentives via Payment System Design -- chapter 5 Managed Care Organizations, Accountable Care Organizations, and...