| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13627 |
| 来源ID | Working Paper 13627 |
| Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans | |
| Florian Heiss; Daniel McFadden; Joachim Winter | |
| 发表日期 | 2007-11-28 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | Medicare Part D provides prescription drug coverage through Medicare approved plans offered by private insurance companies and HMOs. In this paper, we study the role of current prescription drug use and health risks, related expectations, and subjective factors in the demand for prescription drug insurance. To characterize rational behavior in the complex Part D environment, we develop an intertemporal optimization model of enrollment decisions. We generally find that seniors' choices respond to the incentives provided by their own health status and the market environment as predicted by the optimization model. The proportion of individuals who do not attain the optimal choice is small, but the margin for error is also small since enrollment is transparently optimal for most eligible seniors. Further, there is also evidence that seniors over-react to some salient features of the choice situation, do not take full account of the future benefit and cost consequences of their decisions, or the expected net benefits and risk properties of alternative plans. |
| 主题 | Econometrics ; Estimation Methods ; Microeconomics ; Mathematical Tools ; Data Collection ; Households and Firms ; Behavioral Economics ; Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Health |
| URL | https://www.nber.org/papers/w13627 |
| 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/571310 |
| 推荐引用方式 GB/T 7714 | Florian Heiss,Daniel McFadden,Joachim Winter. Mind the Gap! Consumer Perceptions and Choices of Medicare Part D Prescription Drug Plans. 2007. |
| 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 | ||
| w13627.pdf（668KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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