G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w8395
来源IDWorking Paper 8395
The Efficiency of Medicare
Jonathan Skinner; Elliott Fisher; John E. Wennberg
发表日期2001-07-01
出版年2001
语种英语
摘要Technological advances in health care have been shown to yield large average health benefits for the U.S. elderly population. However, less is known about the marginal or incremental benefits of health care spending. We use geographical variations in health care spending to measure the marginal value of greater health care intensity among the elderly Medicare population. To correct for the reverse causation problem -- that sicker areas tend to require more health care -- we use regional averages of physician visits in the last six months of life as a natural randomization for health care intensity. Using linear and semiparametric instrumental variables, we find that a large component of Medicare expenditures -- $26 billion in 1996 dollars, or nearly 20 percent of total Medicare expenditures -- appears to provide no benefit in terms of survival, nor is it likely that this extra spending improves the quality of life. While secular trends in health care technology have delivered large health benefits, variation in health care intensity at a point in time have not.
主题Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Health
URLhttps://www.nber.org/papers/w8395
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/565997
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GB/T 7714
Jonathan Skinner,Elliott Fisher,John E. Wennberg. The Efficiency of Medicare. 2001.
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