Reviews the early effects of the Benefits Improvement and Protection Act, which raised payment rates as of March 2001. Notes that only a few plans re-entered but those that did had important roles in their markets. As time goes on, effects are more likely to be seen in urban areas, since the...

This report explores the growth of Medicare Advantage (MA) in 2006 concurrent with the introduction of the new drug benefit. Based on analysis of publicly available CMS data, the authors find that the widely heralded expansion in MA masks important differences in the rate of growth by area of...

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