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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w12758 |
来源ID | Working Paper 12758 |
Is Drug Coverage a Free Lunch? Cross-Price Elasticities and the Design of Prescription Drug Benefits | |
Martin Gaynor; Jian Li; William B. Vogt | |
发表日期 | 2006-12-14 |
出版年 | 2006 |
语种 | 英语 |
摘要 | Recently, many U.S. employers have adopted less generous prescription drug benefits. In addition, the U.S. began to offer prescription drug insurance to approximately 42 million Medicare beneficiaries in 2006. We use data on individual health insurance claims and benefit data from 1997-2003 to study the effects of changing consumers' co-payments for prescription drugs on the quantity demanded and expenditure on prescription drugs, inpatient care and outpatient care. We allow for effects both in the year of the co-payment change and in the year following the change. Our results show that increases in prescription drug prices reduce both the use of and spending on prescription drugs. However, consumers substitute the use of outpatient care and inpatient care for prescription drug use, and about 35% of the expenditure reductions on prescription drugs are offset by the increases in other spending. |
主题 | Microeconomics ; Households and Firms ; Health, Education, and Welfare ; Health ; Other ; Accounting, Marketing, and Personnel |
URL | https://www.nber.org/papers/w12758 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570420 |
推荐引用方式 GB/T 7714 | Martin Gaynor,Jian Li,William B. Vogt. Is Drug Coverage a Free Lunch? Cross-Price Elasticities and the Design of Prescription Drug Benefits. 2006. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w12758.pdf(223KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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